2 Reinsurers Answer Insurer’s Breach Of Contract Counterclaim

Mealey's (August 7, 2018, 12:31 PM EDT) -- NEW YORK — On Aug. 6, two reinsurers filed an answer and defenses to an insurer’s breach of contract counterclaim in a New York federal court lawsuit regarding claims under facultative reinsurance contracts for losses of $2.5 million (Continental Insurance Company of New Jersey, et al. v. National Union Fire Insurance Company of Pittsburgh, PA, No. 18-4715, S.D. N.Y.)....