STORY FROM: Reinsurance & Arbitration

Battle Over Coverage for Asbestos Claims Remanded to State Court

CHICAGO - An Illinois federal judge has remanded to state court a battle between Allstate Insurance Co. and Transatlantic Reinsurance Co. over whether underlying asbestos claims were misallocated and are excluded from reinsurance coverage. Allstate Insurance Co. v. Transatlantic Reinsurance Co., No. 1:08-cv-04173 (N.D. Ill.).

On Nov. 19, Judge Robert Dow of the U.S. District Court for the Northern District of Illinois ruled that Allstate's joinder of Aon Corp. as a non-diverse defendant warrants remand. Allstate filed its first amended complaint in the Cook County Circuit Court on the same day.

Transatlantic reinsured an excess umbrella liability policy issued by ...

Associated Documents
Amended Complaint

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