Reinsurer: No Issue Preclusion To Filing Of Suits Over Reimbursement Claim

Mealey's (December 30, 2020, 9:21 AM EST) -- SPRINGFIELD, Ill. — The Illinois Mine Subsidence Insurance Fund (IMSIF) in a Dec. 28 brief seeks dismissal of an Illinois federal court lawsuit, arguing that a railroad company fails to allege a claim or issue preclusion regarding lawsuits brought by the IMSIF seeking reimbursement as subrogee for mine subsidence claims the reinsurer paid on behalf of subrogor property owners (Union Pacific Railroad Company v. Illinois Mine Subsidence Insurance Fund, No. 20-3281, C.D. Ill.)....