Judge Dismisses Asbestos-Based Reinsurance Dispute

Mealey's (October 23, 2015, 9:04 AM EDT) -- NEW YORK — A federal judge in New York on Oct. 21 dismissed an asbestos-related reinsurance dispute after being informed that the parties had reached a settlement in principle (TIG Insurance Company v. Randall & Quilter Reinsurance Company, No. 15-cv-07024, S.D. N.Y.).

(Order available. Document #12-151103-005R.)

TIG Insurance Co. sued Randall & Quilter Reinsurance Co. and Randall & Quilter Investment Holdings Ltd. (RQIH) in the U.S. District Court for the Southern District of New York on Sept. 4, 2015, bringing claims of breach of contract and...
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