Jonathan Bank, Matthew Murphy and Ernesto Rafael Palomo | Locke Lord In 1990, the Second Circuit in Bellefonte Reinsurance Co. v. Aetna Casualty & Surety Co., 903 F.2d 910 (2d Cir. 1990), affirmed a District Court judgment that reinsurers were not obligated to pay additional sums for defense costs over and above the limits of liability… Continue reading What Goes Around Comes Around
Tag: Reinsurance Disputes
Should We Expect a Surge in Reinsurance Disputes?
Larry P. Schiffer | Squire Patton Boggs | October 23, 2017 I recently came across a number of articles in the insurance trade press discussing the economic effect of the recent catastrophes on the reinsurance market. Some of the commentators wondered whether all of the property and related losses will cause reinsurance premiums to rise… Continue reading Should We Expect a Surge in Reinsurance Disputes?