Kemper Reinsurance Co. v. Corcoran
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Asch, J.
In 1979, Midland and two of its affiliates, entered into a first casualty excess of loss cover reinsurance treaty with Kemper. The "treaty” refers to the reinsurance of the risk by Kemper on a particular line of reinsurance relating to casualty risks. In return for Kemper’s assumption of excess risk, Midland and its affiliates agreed to pay it premiums. Thereafter, in 1984, Midland issued an excess products integrity impairment and products recall insurance policy to Esmark, Inc./International Playtex, Inc. and in a facultative reinsurance certificate, Kemper…
2Cases cited14 opinions
- Scammon v. KimballSupreme Court of the United States · 1876
- Carr v. HamiltonSupreme Court of the United States · 1889
- Bohlinger v. ZangerNew York Court of Appeals · 1954
- Beecher v. Peter A. Vogt Manufacturing Co.New York Court of Appeals · 1920
- Pink v. Title Guarantee & Trust Co.New York Court of Appeals · 1937
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- Dicola v. American Steamship Owners Mutual Protection & Indemnity Ass'n (In Re Prudential Lines, Inc.)United States Bankruptcy Court, S.D. New York · 1992
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