Insurer: Inconsistent Rulings On Testimony In Reinsurance Dispute

Mealey's (March 17, 2020, 7:38 AM EDT) -- SYRACUSE, N.Y. — An insurer in a March 12 motion is requesting that a federal judge in New York reconsider whether testimony proved the value that the insurer placed on its insured’s agreement that the policies contained aggregate limits in a reinsurance dispute concerning coverage for asbestos losses (Utica Mutual Insurance Co. v. Munich Reinsurance America Inc., No. 12-196, Munich Reinsurance America Inc. v. Utica Mutual Insurance Co., No. 13-743, N.D. N.Y.)....