Clerk Of Court Awards Reinsurer $756,566 For Costs In Asbestos Billings Dispute

Mealey's (October 2, 2020, 1:21 PM EDT) -- UTICA, N.Y. — A reinsurer was awarded $756,566.83 in bill of costs by the clerk of court on Sept. 30 against an umbrella insurer following a New York federal court's vacating of a $64 million jury verdict against the reinsurer in their breach of contract dispute concerning asbestos coverage (Utica Mutual Insurance Co. v. Fireman's Fund Insurance Co., No. 09-853, N.D. N.Y.)....