Reinsurer Denied Costs For Response To Motion Over Testimony Credibility Ruling

(April 10, 2020, 1:12 PM EDT) -- SYRACUSE, N.Y. — A New York federal judge on April 8 denied fees and costs to a reinsurer for its response to an insurer’s failed motion for reconsideration challenging a credibility finding on testimony over the value on an insured’s agreement that the policies contained aggregate limits for asbestos claims (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.)....