North River Insurance v. ACE American Reinsurance Co.

HALL, District Judge.

ACE American Reinsurance Company (“ACE”) appeals from the district court’s order granting summary judgment to ap-pellees, North River Insurance Company and International Insurance Company (collectively “North River”), in a lawsuit arising out of a reinsurance bill dispute between the parties. The district court granted summary judgment for North River and ordered ACE to pay the disputed bill, reasoning that the deferential follow-the-fortunes2 doctrine required ACE to accept North River’s allocation. The court also ordered ACE to pay, pursuant to N.Y. C.P.L.R. § 5001,…