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Insurance – Reinsurance Agreement; Follow-The-Settlement Provision; Statute of Limitations
admin//September 19, 2011//
Insurance – Reinsurance Agreement; Follow-The-Settlement Provision; Statute of Limitations
admin//September 19, 2011//
Listen to this articleWhere a district court properly determined that a reinsurance agreement between two insurers contained a follow-the-settlement provision, the agreement was unambiguous, so the court did not err in finding that Connecticut’s statute of limitations barred six of the challenges brought by the appellant and that the appellant had breached the agreement by stopping its reimbursements to the appellee. Judgment affirmed.
10-3099 Employers Reinsurance Company v. Massachusetts Mutual Life Insurance Co., appealed from Western District of Missouri, Ericksen, J.
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