June 30, 2015
The Second Circuit affirmed Tuesday that American Family Mutual Insurance Co. doesn't owe anything to reinsurer Mariah Re Ltd., which had claimed it was forced to pay $100 million based on an improperly altered report on a 2011 storm system.
May 14, 2015
An attorney for American Family Mutual Insurance Co. told the Second Circuit on Thursday it should not be required to return $100 million to a reinsurer stemming from losses in a 2011 storm, denying allegations that the payout was inflated in breach of a contract.