Commercial Union Insurance v. Swiss Reinsurance America Corp.
Court of Appeals for the First Circuit
1Opinion of the Court
BOUDIN, Chief Judge.
This is a dispute between an insurance company — Commercial Union Insurance Company (“Commercial Union”) — -and one of its reinsurers, Swiss Reinsurance America Corporation (“Swiss Re”). The principal issue is whether, under several three-year reinsurance policies, Swiss Re was protected by a single per-occurrence limit on its liability for the three-year policy period or whether the limit applies separately for each policy year, thereby enlarging Swiss Re’s total exposure.
The background events involve three different tiers of insurance, coverage periods that do not…
2Cases cited26 opinions
- North River Insurance Company v. Cigna Reinsurance CompanyCourt of Appeals for the Third Circuit · 1995
- Sutton v. East River Savings BankNew York Court of Appeals · 1982
- Owens-Illinois, Inc. v. United InsuranceSupreme Court of New Jersey · 1994
- Lumbermens Mutual Casualty Co. v. Offices Unlimited, Inc.Massachusetts Supreme Judicial Court · 1995
- Unigard Security Insurance Company, Inc., Successor to Unigard Mutual Insurance Company, Inc. v. North River Insurance CompanyCourt of Appeals for the Second Circuit · 1993
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