October 20, 2014
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.
May 22, 2014
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.
May 09, 2014
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.