STORY FROM: Reinsurance & Arbitration
Utica Permitted to Present Evidence of Follow-The-Settlements at Upcoming Reinsurance Trial
July 2, 2018
UTICA, N.Y. — A New York federal judge has addressed various motions in limine filed by Munich Reinsurance America Inc. and Utica Mutual Insurance Co. in a reinsurance dispute, ruling in part that Utica may present evidence concerning follow-the-fortunes and follow-the-settlements at trial.
In the June 27 order, Judge Brenda K. Sannes of the U.S. District Court for the Northern District of New York further held that at this juncture, Utica may present testimony from its experts concerning various issues in the case, including reinsurance coverage for declaratory judgment expenses; Utica’s compliance with industry customs and practices; application of follow-the-settlements ...
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