Seaton, Yosemite Reinsurance Spat Headed To Trial

Law360, New York (November 5, 2010, 2:45 PM EDT) -- The judge overseeing a dispute over two 1970s reinsurance agreements between Seaton Insurance Co. and Yosemite Insurance Co. has nixed claims related to one of the policies but ruled that claims stemming from the other policy should go to trial.

Ruling on cross-motions for summary judgment, Judge William E Smith of the U.S. District Court for the District of Rhode Island on Thursday tossed Seaton's breach of contract claims over an insurance policy issued to Champion International but left claims connected to a policy issued to...
To view the full article, register now.