Insurer’s Settlement Allocation Entitled to Defense in Dispute with Reinsurer
NEW YORK — Reinsurer Century Indemnity Company filed a series of motions following an adverse jury verdict in its dispute with Insurer Utica Mutual Insurance Company regarding Utica’s handling of a settlement with Goulds Pumps related to a slew of asbestos claims against Goulds. Century first contended that the judgment should be amended to properly …