Reinsurers Seek Dismissal Or Stay Of Insurers’ Breach Of Contract Dispute

Mealey's (April 11, 2019, 12:06 PM EDT) -- CONCORD, N.H. — Reinsurers on April 9 asked a New Hampshire federal court to dismiss or stay insurers’ breach of contract case over $22 million in outstanding reinsurance billings because a lawsuit pending in a New Jersey state court can resolve all rights and obligations (United States Fire Insurance Co., et al. v. Equitas Insurance Ltd., et al., No. 18-01205, D. N.H.)....