$420M Award To Travelers Survives Reinsurers' Appeal
By Bibeka Shrestha ( January 24, 2012, 3:45 PM EST) -- A New York state appeals court ruled Tuesday that Munich Reinsurance America Inc. and its fellow reinsurers owe $420 million to a Travelers Co. Inc. affiliate to cover a slew of asbestos personal injury claims against Western MacArthur Co. and its predecessor....
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