Insurer Dismisses Breach Of Contract Case Over Payments Against Reinsurer

Mealey's (June 2, 2020, 11:13 AM EDT) -- BOSTON — Lexington Insurance Co. notified a Massachusetts federal court on May 27 that it was voluntarily dismissing its lawsuit alleging that a reinsurer breached 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.)....