Reinsurer Opposes Judge’s Reconsideration Of Duties For $3.2M Asbestos Settlement

Mealey's (May 22, 2018, 7:17 AM EDT) -- SYRACUSE, N.Y. — In an April 30 opposition brief, a reinsurer argues that an insurer’s request to reconsider a New York federal judge’s finding of ambiguity in the reinsurance certificate provisions related to an underlying asbestos settlement “is a textbook example of a party improperly seeking to reargue issues already addressed” (Utica Mutual Insurance Co. v. Munich Reinsurance America Inc., Nos. 12-00196 & 13-00743, N.D. N.Y.)....