Settlement Discussions Continue in Dispute Between Ala. Municipal Insurer, Reinsurer

MONTGOMERY, Ala. — The parties in a dispute over reinsurance coverage for lawsuits against five Alabama towns that were settled by a municipal insurer have engaged in settlement conferences and discussed a possible return to mediation, according to a recent court filing.

In a May 11 notice, Alabama Municipal Insurance Co. informed Judge Myron H. Thompson of the U.S. District Court for the Middle District of Alabama that it owes Munich Reinsurance Co. a response to the reinsurer’s last settlement proposal.

“The parties have discussed a possible return to mediation. However, the parties are unable to state at this time …