Insurer Opposes New Trial As Jury Had Evidence For $64M Award Against Reinsurer

Mealey's (January 18, 2018, 11:48 AM EST) -- UTICA, N.Y. — In response to a reinsurer’s motion for a new trial, an insurer argues in a Jan. 12 brief to a New York federal court that a jury had ample evidence in a “dozen witnesses and hundreds of exhibits” before reaching a $64 million verdict against a reinsurer over asbestos claims (Utica Mutual Insurance Co. v. Fireman’s Fund Insurance Co., No. 09-00853, N.D. N.Y.)....

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