Asbestos Billing Suit Against Reinsurers Dismissed In Deference To New Jersey Suit

Mealey's (October 28, 2019, 9:37 AM EDT) -- CONCORD, N.H. — A New Hampshire federal judge on Oct. 24 dismissed a suit filed by excess insurers against a number of reinsurers that allegedly refused to pay $22 million in reinsurance billings for asbestos and silica claims paid by the insurers after determining that the prior-pending doctrine warrants dismissal as a similar suit was filed prior to the instant suit in New Jersey state court (United States Fire Insurance Co., et al. v. Equitas Insurance Ltd., et al., No. 18-01205, D. N.H., 2019 U.S. Dist. LEXIS 183909)....