Seneca Insurance Company Inc. v. Everest Reinsurance Company
Case Number:
13-4201
Court:
Nature of Suit:
Companies
Sectors & Industries:
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October 20, 2014
2nd Circ. Denies Seneca's Bid For Reinsurer Reimbursement
The Second Circuit has refused to overturn a lower court's finding that Seneca Insurance Co. can't claim reinsurance from Everest Reinsurance Co. in a wrongful termination suit, finding "no merit" in Seneca's arguments that prejudgment interest should be considered part of its loss.
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May 22, 2014
Seneca Fires Back At Reinsurer In 2nd Circ. Row
Seneca Insurance Co. on Tuesday urged the Second Circuit to overturn a lower court's finding that it can't claim reinsurance from Everest Reinsurance Co. in a wrongful termination suit, arguing that prejudgment interest should be considered part of its loss.
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May 09, 2014
$2.4M Interest Doesn't Trigger Reinsurance, 2nd Circ. Told
Everest Reinsurance Co. asked the Second Circuit on Wednesday to keep it insulated from a $7.4 million wrongful termination case that Seneca Insurance Co. Inc. covered, arguing that the $2.4 million in postjudgment interest does not trigger its reinsurance obligations.