Justice Dismisses Reinsurance Dispute, Says Motion To Amend Is Deemed Withdrawn

(January 5, 2016, 9:36 AM EST) -- NEW YORK — A New York justice on Dec. 9 dismissed a suit between a group of insurers and their reinsurer following the filing of the parties’ stipulation of discontinuance (Granite State Insurance Company, et al. v. Transatlantic Reinsurance Company, No. 652506/12 15687 15686, N.Y. Sup., New York Co.; 2015 N.Y. App. Div. LEXIS 7591).

Granite State Insurance Co., American Home Assurance Co. and National Union Fire Insurance Company of Pittsburgh, PA (the AIG insurers) sued Transatlantic Reinsurance Co. (TRC) on July 19, 2012, in the...
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