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AMERICAN RE-INSURANCE COMPANY v. UNITED STATES FIDELITY & GUARANTY COMPANY

40 A.D.3d 486 (2007)

837 N.Y.S.2d 616

AMERICAN RE-INSURANCE COMPANY, Respondent, v. UNITED STATES FIDELITY & GUARANTY COMPANY et al., Appellants, and EXCESS AND CASUALTY REINSURANCE ASSOCIATION et al., Respondents, et al., Defendants.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided May 29, 2007.

From 1948 to 1960, USF & G issued insurance policies to Western Asbestos Company, the predecessor-in-interest to Western MacArthur Company, which was in the asbestos business. USF & G entered into written reinsurance treaties with plaintiff American Re-Insurance Company (American Re) and defendant Excess Casualty Reinsurance Association (ECRA),1 covering Western's losses for the period 1956 to...

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