Reinsurers Oppose TIG's Motion to Add Conrail Claims

NEW YORK - In a dispute over reinsurance coverage for underlying asbestos claims, two reinsurers are urging a New York federal judge to bar TIG Insurance Co. from amending the complaint to add claims against ACE Property and Casualty Insurance Co. TIG Insurance Co. v. Century Indemnity Co., No. 08-7322 (S.D. N.Y.).

TIG seeks to add breach of contract claims against ACE under two additional facultative reinsurance contracts. But in their Feb. 24 opposition filed in the U.S. District Court for the Southern District of New York, Century Indemnity Co. and ACE assert that the claims are unrelated to settlement …