Travelers, White Mountains Settle $2.1 Million Reinsurance Dispute

NEW YORK - A $2.1 million dispute between Travelers Casualty and Surety Co. and its reinsurer over coverage for a 2007 settlement of asbestos exposure claims has settled. White Mountains Reinsurance Company of America v. Travelers Casualty and Surety Co., No. 11-390 (S.D. N.Y.).

Judge Denise Cote of the U.S. District Court for the Southern District of New York dismissed the action on Jan. 4, following a stipulation of dismissal by Travelers and White Mountains Reinsurance Co.

Travelers' predecessor issued primary and excess liability policies to AC&S Inc., effective from 1963 through at least 1981. White Mountains Reinsurance Company of …