N.J. Federal Judge Awards Prejudgment Interest To Reinsurer

N.J. Federal Judge Awards Prejudgment Interest To Reinsurer

TRENTON, N.J. - In an unpublished opinion issued March 26, a federal judge in New Jersey awarded a reinsurer $168,093.61 in prejudgment interest in a retrocessional reinsurance dispute (Munich Reinsurance America, Inc., v. Tower Insurance Company of New York, No. 09-cv-02958,, No. 09-cv-02958, D. N.J.; 2012 U.S. Dist. LEXIS 39885).

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