Insurer: Support Exists For $459,625.22 In Prejudgment Interest Against Reinsurer

Mealey's (September 30, 2020, 7:35 AM EDT) -- NEW YORK — While a reinsurer challenges an insurer's request for a money judgment, with prejudgment interest, for $459,625.22 in ceded losses paid by the insurer that were not secured, the insurer argues in a Sept. 10 reply brief to a motion to correct and amend that the relief it seeks is based upon a previous summary judgment motion and a New York federal judge's decision (AmTrust North America, Inc. v. Signify Insurance Ltd., et al., No 18-3779, S.D. N.Y.)....