Citing Liquidation Order, Reinsurer Seeks Stay Of Claims In Liabilities Row

Mealey's ( May 9, 2023, 3:41 PM EDT) -- OMAHA, Neb. — Arguing that two abstention doctrines apply because of Pennsylvania liquidation proceedings, a reinsurer moved in Nebraska federal court to stay claims against it in a suit over the $157.2 million settlement National Indemnity Co. (NICO) reached with Montana regarding alleged asbestos exposures....