Reinsurer, Reinsured Argue Whether Reinsurer Is Covered By Connecticut Law

(May 11, 2016, 9:47 AM EDT) -- NEW HAVEN, Conn. — A reinsurer and its reinsured argued in a federal court in Connecticut recently regarding whether Connecticut’s prepleading security statute was intended to protect corporations not associated with the state (Select Insurance Company v. Excalibur Reinsurance Corporation, f/k/a PMA Capital Insurance Company, No. 15-cv-00715, D. Conn.).

Select Insurance Co. sued Excalibur Reinsurance Corp., f/k/a PMA Capital Insurance Co., in the U.S. District Court for the District of Connecticut on May 12, 2015. Select brings a claim of breach of contract and asks for...
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