STORY FROM: Reinsurance & Arbitration
R&Q Moves to Strike Cedent’s Affirmative Defenses in $1.5 Million Reinsurance Dispute
October 20, 2016
CHICAGO — R&Q Reinsurance Co. has moved to strike affirmative defenses asserted by The American Insurance Co. in a $1.5 million reinsurance dispute, arguing that TAIC has inadequately pled certain of its defenses and/or asserted defenses that are not recognized by the Federal Rules of Civil Procedure.
In its Oct. 19 motion, R&Q asked the U.S. District Court for the Northern District of Illinois to strike TAIC’s affirmative defenses of failure to state a claim; terms provisions, exclusions, conditions and limitations of reinsurance contracts; laches; waiver; estoppel; failure to allege damages; lack of prejudice; and failure to particularize claims....
Associated Law Firms
Segal McCambridge Singer & Mahoney
Motion to Strike