Century Files Appeal in Wake of $6.2 Million Adverse Reinsurance Verdict



DOCUMENTS
  • Notice of Appeal


UTICA, N.Y. — Century Indemnity Co. is appealing a federal judge’s denial of its motion for judgment as a matter of law or a new trial following a $6.2 million reinsurance verdict issued in Utica Mutual Insurance Co.’s favor.

Century filed its notice of appeal to the 2nd Circuit U.S. Court of Appeals on Dec. 27.

Utica sued Century in 2013, accusing it of breaching two reinsurance certificates issued in 1973 and 1975, which covered policies issued by Utica to Goulds Pumps Inc. Utica sought contribution for sums it paid on behalf of Goulds to settle asbestos exposure claims.

Century, …

FIRM NAMES
  • Hunton Andrews Kurth
  • O'Melveny & Myers





UPCOMING CONFERENCES




HarrisMartin's MDL Conference: Navigating Current Mass Tort Litigation

November 30, 2022 - New York, NY
The Knickerbocker

MORE DETAILS



HarrisMartin's Webinar Series: The Hottest Upcoming Device Projects - Strattice Hernia Mesh & Exactech Hip Implants

November 09, 2022

MORE DETAILS