Reinsurer Tells 2nd Circuit Utica Doesn’t Address Issue In Defense Costs Row

Mealey's (October 13, 2021, 4:07 PM EDT) -- NEW YORK — A recent Second Circuit U.S. Court of Appeals ruling “does not address the issue to be determined in this case,” reinsurer Global Reinsurance Corporation of America says in an Aug. 6 letter to a panel of the court regarding its appeal in a long-running breach of contract case against insurer Century Indemnity Co. over defense costs for asbestos claims....

Reinsurer Tells 2nd Circuit Utica Doesn’t Address Issue In Defense Costs Row

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