STORY FROM: Reinsurance & Arbitration
Endurance Opposes Cedent’s Efforts to Stay Reinsurance Action Pending Resolution of Underlying Case
January 11, 2018
NEW YORK — Endurance Assurance Corp. is resisting Florists Mutual Insurance Co.’s efforts to stay a reinsurance action pending resolution of an underlying coverage case, arguing that the sole remaining issue in the underlying litigation has no impact on the reinsurance dispute.
In a Jan. 3 letter filed in the U.S. District Court for the Southern District of New York, Endurance says it agrees to Florists’ motion to extend the fact discovery period by two months, but opposes the insurer’s continuing reservation of rights to seek a formal stay “and, more generally, its efforts to put this case on a ...
Associated Law Firms
Choate Hall & Stewart