Reinsurer Asks Federal Court To Allow Amendment To Assert Statute Of Limitations Defense

Mealey's (September 22, 2017, 11:59 AM EDT) -- PHILADELPHIA — A reinsurer argues in a Sept. 20 reply brief that a Pennsylvania federal court should allow it leave to amend its answer to an insurer’s breach of contract counterclaims so that it can assert a statute of limitations defense and that it did not agree to reinsure an excess umbrella policy (R&Q Reinsurance Co. v. St. Paul Fire & Marine Insurance Co., No. 16-1473, E.D. Pa.)....