Insurer Appeals Late Notice Decision In Reinsurer's Favor

NEW YORK - An insurer filed a notice of appeal in a New York federal court on April 23 regarding a summary judgment decision in favor of its reinsurer in a case grounded in the late notice that the insurer gave the reinsurer of underlying asbestos-related claims (AIU Insurance Co. v. TIG Insurance Co., No. 07-cv-7052, S.D. N.Y.; 2013 U.S. Dist. LEXIS 41716; See 4/4/13, Page 4)....(read more)