Insurer Sues Reinsurer For Breach Of Contract Over Asbestos Claims

Mealey's (April 21, 2020, 1:43 PM EDT) -- BOSTON — Lexington Insurance Co. filed a complaint in Massachusetts federal court on April 20 accusing a reinsurer of breaching a facultative reinsurance contract by not indemnifying it for asbestos claim payments (Lexington Insurance Company v. R&Q Reinsurance Company, No. 20-10763, D. Mass.)....