Reinsurer Says Court Erred In Opinion That Reinsurer Must Post Security

(May 26, 2016, 9:52 AM EDT) -- NEW HAVEN, Conn. — A reinsurer told a federal court in Connecticut on May 24 that the court erred in its ruling interpreting Connecticut’s prepleading security statute (Select Insurance Company v. Excalibur Reinsurance Corporation, f/k/a PMA Capital Insurance Company, No. 15-cv-00715, D. Conn.).

(Excalibur’s objections to ruling available. Document #12-160603-013B.)

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 claims of breach of contract and declaratory judgment....
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