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Mealeys

Mealey's Insurance - Reinsurer Opposes Insurer's Motion To Confirm 2nd Award Over Asbestos Claims Billings

CHICAGO - A reinsurer argues in a Dec. 13 brief that an Illinois federal court should not confirm a second award reversing parts of a first award over reinsurance billings for asbestos claims under five out of six contracts but should confirm the first award and part of the second award resolving the dispute under the sixth contract (Allstate Insurance Co. v. Amerisure Mutual Insurance Co., No. 19-4341; Amerisure Mutual Insurance Co. v. Allstate Insurance Co., No. 19-7080, N.D. Ill.).
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