Mercantile & General Reinsurance Co. v. Colonial Assurance Co.

OPINION OF THE COURT

Harold Baer, Jr., J.

In this decision of one of a series of motions in limine, a *805brief recitation of the facts is essential. The relief sought by the plaintiff herein, Mercantile & General Reinsurance Co. (M&G), is a declaratory judgment that M&G is not bound to provide reinsurance to defendant Colonial Insurance Co. with respect to insurance policies issued by Colonial to the defendant Spanno Corporation (Spanno). M&G also seeks rescission and other forms of relief. Spanno was in the business of appraising aircraft or other property and guaranteeing that the property could…