Reinsurer Seeks Dismissal Of Breach Of Contract Case In Favor Of Parallel Action

Mealey's (January 31, 2018, 11:45 AM EST) -- HARTFORD, Conn. — A reinsurer in a Jan. 16 motion seeks dismissal of a breach of contract complaint filed in Connecticut federal court based upon its refusal to pay $1.25 million under a series of reinsurance agreements to an insurer for a settlement of underlying asbestos claims (Travelers Casualty and Surety Co. v. Allstate Insurance Co., No. 17-02144, D. Conn.)....