Oral Arguments Held In $2.7M Asbestos Billings, Reinsurance Certificate Dispute

(May 18, 2021, 9:17 AM EDT) -- NEW YORK — The Second Circuit U.S. Circuit Court of Appeals on May 5 heard oral arguments in a dispute over whether Munich Reinsurance America Inc. breached its contract in denying Utica Mutual Insurance Co.’s billings of $2.7 million for asbestos bodily injury claims under a 1973 reinsurance certificate....