Munich Re Opposes Utica’s Motion to Remand $9.16 Million Reinsurance Action

ALBANY, N.Y. — Munich Reinsurance America Inc. is opposing Utica Mutual Insurance Co.’s motion to remand a $9.16 million reinsurance action, asserting that diversity jurisdiction exists because a state court has severed the claims against a non-diverse defendant.

In its opposition filed Feb. 17 in the U.S. District Court for the Northern District of New York, Munich Re argues that because non-diverse defendant Transatlantic Reinsurance Co. had been fraudulently misjoined, as the state court found, its citizenship should be disregarded.

According to the suit, Utica provided 12 primary and 12 umbrella policies to Burnham Corp. that were in effect …