Reinsurer Must Pay $129M For Environmental Claim Deal

By Hope Patti · November 13, 2026, 3:36 PM EST

A reinsurer must cover more than $129 million in settlement costs and legal expenses that an insurer incurred to resolve an underlying environmental damage claim, a New York federal court ruled,...

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Documents

Case Information

Case Title

TIG Insurance Company et al v. Swiss Reinsurance America Corporation

Case Number

7:21-cv-08975

Court

New York Southern

Nature of Suit

Insurance

Date Filed

November 02, 2021