Utica's $1M Asbestos Reinsurance Suit Sent To Mediation

Law360, New York (January 9, 2014, 7:32 PM EST) -- A New York magistrate judge Wednesday sent to mediation Utica Mutual Insurance Co.'s lawsuit against Clearwater Insurance Co., seeking to force the reinsurer to chip in more than $1 million toward a settlement with Goulds Pumps Inc. over thousands of asbestos injury claims.

U.S. Magistrate Judge Therese Wiley Dancks’ succinct order comes four months after the complaint was filed. Utica asked the court to declare that Clearwater breached Goulds Pumps reinsurance contracts from 1979-81 when it held back more than $1 million in payments.

The order...
To view the full article, register now.




Case Information

Case Title

Utica Mutual Insurance Company v. Clearwater Insurance Company

Case Number



New York Northern

Nature of Suit



Gary L. Sharpe

Date Filed

September 20, 2013

Law Firms


Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.