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LLR: Insurance & Reinsurance

INTERNATIONAL INSURANCE COMPANY V CERTAIN UNDERWRITERS AT LLOYD’S LONDON,KERR ET AL V INTERNATIONAL INSURANCE COMPANY INTERNATIONAL INSURANCE COMPANY, V SOCIETE COMMERCIALE DE REASSURANCE SA

(1993) 2 Re LR 227

United States District Court ND Illinois, ED

Before District Judge George W Lindberg

Environmental impairment liability - United States - Illinois reinsured claiming against London market reinsurers - Motion by reinsured to dismiss amended counterclaim by reinsurers - Counterclaim that reinsured (a) breached implied covenants; (b) induced reinsurers to participate in reinsurance programme through fraudulent misrepresentations, and (c) mishandled claim - Allegations (a) of civil conspiracy between reinsured and others involved in programme and (b) that reinsured and others committed acts of racketeering - Whether counterclaim should be allowed or dismissed.

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