Federal Magistrate Compels Insurer To Provide Notices With Co-Insurers, Reinsurers

Mealey's (April 25, 2017, 2:30 PM EDT) -- CHICAGO — An insurer is compelled to provide notices with its co-insurers and reinsurers under a 1990 insurance policy, an Illinois federal judge ruled March 30, because the notices might reveal admissions from the insurer about the availability of coverage toward the settlement of lawsuits over the use of contaminated blood products (Baxter International Inc. v. AXA Versicherung, No. 11-cv-09131, N.D. Ill., 2017 U.S. Dist. LEXIS 48607)....