Reinsurer: Insurer May Not Proceed With Breach Of Contract Lawsuit

Mealey's (August 1, 2018, 3:12 PM EDT) -- DETROIT — A reinsurer argues in a July 30 answer that an insurer failed to perform its duties under reinsurance contracts and may not pursue any breach of contract claims for the reinsurer’s alleged failure to indemnify it for expenses incurred for underlying asbestos claims (Amerisure Mutual Insurance Co. v. Transatlantic Reinsurance Co., No. 18-11966, E.D. Mich.)....

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