Parties Stipulate To Dismissal Of 2 Reinsurers’ Suits In Asbestos Coverage Row

Mealey's (September 15, 2022, 12:00 PM EDT) -- Sept. 14 filings in New York and Pennsylvania federal courts stipulate to the dismissal of two suits that reinsurers filed against insurer National Indemnity Co. (NICO) over its $157.2 million settlement with the state of Montana regarding alleged asbestos exposures; the same day, filings in Nebraska federal court sought to reinstate one of those reinsurers as a party to NICO’s action there and to withdraw another of the reinsurer’s motions to dismiss that case....

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