Insurer, Reinsurer Submit Briefs In Case Over Expenses For Asbestos Settlement

Mealey's (September 6, 2018, 10:54 AM EDT) -- SYRACUSE, N.Y. — An insurer and its reinsurer filed briefs on Aug. 28 regarding a variety of coverage issues in their New York federal court dispute over whether the reinsurer is obligated to pay $3.2 million in reinsurance proceeds for the insurer’s defense expenses from an asbestos claims settlement (Utica Mutual Insurance Co. v. Munich Reinsurance America Inc., Nos. 12-00196 & 13-00743, N.D. N.Y.)....