Legal Opinion
British Insurance Co. of Cayman v. Safety National Casualty Corp.
District Court, D. New Jersey
Decided June 1, 2001No. CIV. 99-3343(WGB)PublishedCited by 4 opinions
1Opinion of the Court
OPINION
BASSLER, District Judge:
At issue in this litigation is whether an insurance company failed to give timely notice of an underlying claim to its rein-surer and if so, whether the reinsurer must show that it suffered prejudice as a result of such late notice in order to escape its contractual indemnification obligation under the reinsurance policy.
Plaintiff British Insurance Company of Cayman (“BICC”) is the insurance company seeking recovery of reinsurance balances against its reinsurer, Safety National Casualty Corporation (“Safety”). BICC maintains that its predecessor-in-interest gave…
2Cases cited19 opinions
- Cooper v. Government Employees InsuranceSupreme Court of New Jersey · 1968
- State Farm Mutual Automobile Insurance v. Estate of SimmonsSupreme Court of New Jersey · 1980
- Unigard Security Insurance Company, Inc., Successor to Unigard Mutual Insurance Company, Inc. v. North River Insurance CompanyCourt of Appeals for the Second Circuit · 1993
- Christiania General Insurance Corporation of New York v. Great American Insurance CompanyCourt of Appeals for the Second Circuit · 1992
- The Trustees of the University of Pennsylvania v. Lexington Insurance Company v. Affiliated Risk Control Administrators of Pennsylvania, Inc. And Insurance Company of North America, Aetna Insurance Company, Cigna Companies and Johnson & Higgins of Pennsylvania, Inc. And Alexander & Alexander, Inc. And Duane Morris & Heckscher, a Pennsylvania Partnership and McCabe James J. Esquire Individually and Medical Professional Liability Catastrophe Loss FundCourt of Appeals for the Third Circuit · 1987
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3Cited by4 opinions
- British Insurance Company of Cayman v. Safety National CasualtyCourt of Appeals for the Third Circuit · 2003
- North River Insurance v. Employers Reinsurance Corp.District Court, S.D. Ohio · 2002
- NewCap Insurance v. Employers Reinsurance Corp.District Court, D. Kansas · 2003
- US Fire Ins v. Unified Life InsCourt of Appeals for the Fifth Circuit · 2025