STORY FROM: Reinsurance & Arbitration

N.Y. Federal Judge Extends Fact Discovery Deadline in Reinsurance Dispute

NEW YORK — A New York federal judge has granted a joint motion by Endurance Assurance Corp. and Florists’ Insurance Co. to extend the fact discovery deadline in a reinsurance action, acknowledging that a live dispute remains in the underlying Louisiana coverage action concerning any interest FMIC may be required to pay.

On Nov. 2, Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York extended the deadline from Jan. 5, 2018, to Feb. 28, 2018, in response to arguments that the dispute in the underlying matter implicates the instant dispute because FMIC will bill ...

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