June 04, 2015
A New York federal judge on Thursday declined to grant R&Q Reinsurance Co.'s request to cap its liability at $1 million for defense costs stemming from asbestos injury claims in its coverage dispute with Utica Mutual Insurance Co., saying that a certificate's language is ambiguous.
August 12, 2014
Utica Mutual Insurance Co. on Friday fought R&Q Reinsurance Co.'s attempt to cap at $1 million its liability for defense costs and other expenses flowing from asbestos injury claims against Buffalo Pumps Inc., urging a New York federal court not to follow a divisive Second Circuit precedent.