Reinsurer Cites Policy Provisions, Jury Instructions In Asbestos Liabilities Appeal

Mealey's (August 17, 2022, 2:06 PM EDT) -- NEW YORK — In its July 22 appellant brief before the Second Circuit U.S. Court of Appeals challenging numerous aspects of a New York federal court’s rulings in a long-running dispute over asbestos liabilities, a reinsurer argues that the trial court erred by finding certain primary and umbrella insurance policy provisions ambiguous and in the way it instructed the jury on the duty of “utmost good faith.”...