Insurer Informs Court Of Reached Settlement In Breach Of Contract Suit

Mealey's (July 3, 2018, 2:23 PM EDT) -- MINNEAPOLIS — An insurer wrote a letter to a Minnesota federal court on June 8 to inform it that a settlement agreement has been reached in a breach of contract lawsuit arising from an alleged failure to reimburse unpaid defense costs in a settlement of an underlying workers’ compensation claim after reinsurance initially provided coverage (Berkley Risk Administrators Co. LLC, et al. v. National Union Fire Insurance Company of Pittsburgh, PA, No. 17-04765, D. Minn.)....