Reinsurers Win In 2nd Circuit Ruling On Asbestos Billings, Certificate Disputes

Mealey's (August 2, 2021, 10:25 AM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel ruled against Utica Mutual Insurance Co. in a combined opinion issued July 29 on two cases that had “inconsistent” results before different judges of the same federal court in New York, affirming a judgment in favor of one reinsurer and partly reversing, vacating and remanding the judgement against the other reinsurer....