Reinsurer, Insurer Spar Over Whether Timeliness Bars Suit

(September 23, 2015, 1:23 PM EDT) -- CONCORD, N.H. — An insurer and a reinsurer recently argued in a federal court in New Hampshire over the timeliness of the insurer’s $2 million breach of contract suit against the reinsurer (TIG Insurance Company v. EIFlow Insurance Limited, No. 14-cv-00459, D. N.H.).

TIG Insurance Co., successor by merger to International Insurance Co., sued EIFlow Insurance Ltd. in the U.S. District Court for the District of New Hampshire on Oct. 17, 2014, bringing a claim of breach of contract.

TIG says that as the result of...
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