Reinsurer Sues Reinsureds Over $5 Million Asbestos- Related Claim

Mealey's (January 21, 2016, 10:51 AM EST) -- NEW YORK — A reinsurer on Jan. 20 sued a number of insurers and an insurance/reinsurance administrator in a New York federal court regarding certain asbestos-related claims; the reinsurer asked for declarations that it is not obligated to pay the reinsured’s expenses related to the underlying claims (INA Reinsurance Co., n/k/a R&Q Reinsurance Company v. Granite State Insurance Company, et al., No. 16-cv-00419, S.D. N.Y.)....