‘Two Acts’ Arguments Prevail In 1 Ruling In Reinsurance Allocation Dispute

(May 24, 2024, 2:13 PM EDT) -- MONTGOMERY, Ala. — Rejecting numerous interpretations an insurer urged in arguing that the two events at issue in a coverage dispute be treated as one act, an Alabama federal judge on May 23 granted summary judgment for a reinsurer on a single breach of contract claim....