Insurers Object To Magistrate’s Report As To Reinsurance Claims In 9/11 Dispute

Mealey's (January 30, 2018, 2:30 PM EST) -- NEW YORK — Insurers on Jan. 25 filed an objection to a New York federal magistrate judge’s recommendation that their claims arising out of reinsurance contracts be denied in a coverage dispute stemming from the terrorist attacks on Sept. 11, 2001, and also challenged the magistrate’s calculation of prejudgment interest (In re: Terrorist Attacks on September 11, 2001, No. 03-MDL-1570, Continental Casualty Co. v. Al Qaeda Islamic Army, No. 04-5970, S.D. N.Y.)....