Unicover - Recent ruling by a New Jersey Appellate Court
13-Apr-2011 | Financial Institutions & Services, USA Group
Reliastar Life Insurance Company v Roger Smith and Aon Re Inc
There has been a recent ruling in the US concerning this all too well known workers' compensation reinsurance dispute. On March 1, 2011, the New Jersey Superior Court Appellate Division affirmed a jury verdict and held that Aon Re, Inc. ("Aon") and Roger Smith ("Smith") had not breached their fiduciary duties to a reinsurer, Reliastar Life Insurance Company ("Reliastar").
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Lawyers Susannah Wakefield, James Crabtree, Anthony Menzies
