Judge Denies Reinsurer’s Post-Trial Motions In Case Against Insurer Over Billings

Mealey's (December 4, 2019, 2:25 PM EST) -- UTICA, N.Y. — In an “epilogue to a hard-fought contract dispute” between an insurer and a reinsurer over the reinsurer’s alleged breach of two indemnity agreements for asbestos claim settlements, a New York federal judge on Dec. 3 denied the reinsurer’s motion to amend or correct the judgment, renewed motions for judgment as a matter of law, motion for a new trial and motion for post-trial discovery (Utica Mutual Insurance Co. v. Century Indemnity Co., No. 13-995, N.D. N.Y., 2019 U.S. Dist. LEXIS 207547)....