We previously posted about the yearslong reinsurance dispute between Utica Mutual Insurance Co. (the cedent) and Century Indemnity Co. (the reinsurer), involving Utica’s claims that Century breached two reinsurance...more
1/31/2020
/ Allocation Statistics ,
Asbestos ,
Asbestos Litigation ,
Bad Faith ,
Breach of Contract ,
Contract Terms ,
Follow-the-Fortunes Clause ,
Insurance Litigation ,
Prejudgment Interest ,
Recordkeeping Requirements ,
Reinsurance ,
Reinsurance Agreements ,
Settlement
On July 21, 2016, we reported on a putative class action filed in a California U.S. district court by Shasta Linen Company against Applied Underwriters, Inc. and its affiliate entities, alleging that the “EquityComp” workers’...more