STORY FROM: Reinsurance & Arbitration
Insurer Offers Witness on Claimed Interest Issue in N.Y. Reinsurance Action
January 18, 2019
NEW YORK — A New York federal judge has denied as moot Endurance Assurance Corp.’s motion to reopen discovery in a reinsurance dispute involving a 2008 deadly trucking accident, noting that Florists Insurance Co. will produce a witness on the issue of claimed interest.
On Jan. 9, U.S. Judge Lewis Kaplan of the District Court for the Southern District of New York said the deposition will be completed by Jan. 31.
In its Jan. 3 motion, Endurance argued in its motion that eight months after the close of fact discovery, Florists’ Insurance Co. submitted a reinsurance billing of more than ...
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