Utica Mutual Asks N.Y. Federal Judge to Consider Recent Limits of Liability Ruling

ALBANY, N.Y. — Utica Mutual Insurance Co. is urging a New York federal judge to review a recent limits of liability ruling before adjudicating Clearwater’s motion for reconsideration in a case involving similar issues.

In a June 16 letter submitted to Judge Gary L. Sharpe of the U.S. District Court for the Northern District of New York, Utica pointed to Utica Mutual Insurance Co. v. R&Q Reinsurance Co. (No. 6:13-1332 [N.D. N.Y.]), in which the court denied a reinsurer’s argument that its liability under a facultative certificate was capped at $1 million.

Between 1978 and 1982, Utica issued four …