Reinsurer Asserts Statute Of Limitations Defense To Breach Of Contract Counterclaims

Mealey's (September 29, 2017, 1:51 PM EDT) -- PHILADELPHIA — In response to an insurer’s breach of contract counterclaims, a reinsurer on Sept. 27 filed an amended answer in a Pennsylvania federal court, asserting a statute of limitations defense and that it did not agree to reinsure an excess umbrella policy (R&Q Reinsurance Co. v. St. Paul Fire & Marine Insurance Co., No. 16-1473, E.D. Pa.)....