Mealey's (March 12, 2020, 10:40 AM EDT) -- NEW YORK — In an asbestos coverage case, reinsurance contracts plainly and unambiguously state that “the dollar amount stated on the facultative certificates caps indemnity payments and also caps expense payments when there are no losses, but does not cap expense payments when there are losses,” a New York federal judge ruled March 2, denying the reinsurer’s request for declaratory relief (Global Reinsurance Corporation of America v. Century Indemnity Co., No. 13-6577, S.D. N.Y., 2020 U.S. Dist. LEXIS 36579)....