Losses Outside A Reinsurance Agreement Are Not Covered

January 6, 2010
By Chris Faiella on January 6, 2010 12:38 AM |
A federal judge in Connecticut on Jan. 5 held that the follow-the-fortunes doctrine does not apply to losses not covered by an underlying policy (Arrowood Surplus Lines Insurance Company formerly known as Royal Surplus Lines Insurance Company as successor in interest to Connecticut Specialty Insurance Company v. Westport Insurance Corporation formerly known as Employers Reinsurance Corporation, No. 08-cv-01393, D. Conn.; 2010 U.S. LEXIS 426).