Legal Opinion
Travelers Casualty & Surety Co. v. Insurance Co. of North America
Court of Appeals for the Third Circuit
Decided June 9, 2010No. 06-4100, 06-4101, 07-4690, 08-1032PublishedCited by 58 opinions
1Opinion of the Court
OPINION OF THE COURT
AMBRO, Circuit Judge.
This is a dispute over reinsurance coverage. In 1998, Travelers Casualty and Surety Co. (“Travelers”) reached a $137 million settlement with its insured, Acme Corporation (“Acme”). 1 Travelers then proceeded to allocate those $137 million dollars among three tiers of insurance coverage, only the highest of which — the so-called “excess” layer — included policies reinsured by Ace America Reinsurance Company and Insurance Company of North America (collectively, “INA”). When Travelers billed INA $13,762,395 based on its allocation, INA refused to pay, and…
2Cases cited41 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- North River Insurance Company v. Cigna Reinsurance CompanyCourt of Appeals for the Third Circuit · 1995
- United States v. Paul A. BilzerianCourt of Appeals for the Second Circuit · 1991
- Laudenberger v. Port Auth. of AlleghenySupreme Court of Pennsylvania · 1981
36 more not listed; retrieve them via the Exa API.
3Cited by58 opinions
- Pacific Employers Ins Co v. Global Reinsurance Corp of AmeCourt of Appeals for the Third Circuit · 2012
- VICI Racing, LLC v. T-Mobile USA, Inc.Court of Appeals for the Third Circuit · 2014
- Jfe Steel Corp. v. Ici Americas, Inc.District Court, D. Delaware · 2011
- United States Fidelity & Guaranty Co. v. American Re-Insurance Co.New York Court of Appeals · 2013
- Secretary of Labor v. DoyleCourt of Appeals for the Third Circuit · 2012
53 more not listed; retrieve them via the Exa API.