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INTERNATIONAL SURPLUS LINES INS. v. CERTAIN UNDERWRITERS

No. C2-92-829.

868 F.Supp. 923 (1994)

INTERNATIONAL SURPLUS LINES INSURANCE COMPANY, Plaintiff, v. CERTAIN UNDERWRITERS AND UNDERWRITING SYNDICATES AT LLOYD'S OF LONDON, subscribing to Lloyd's Policy Nos. 614/NC 8097; 614/NC 8098; 614/NC 8100; 614/NC 8101; 614/ NTA 208; 614/NTA 209; 614/NTA 210; 614/NTA 211; 614/NTA 662; 614/NTA 663; 614/NTA 664; 614/NTA 665; 614/NTB 086; 614/NTB 087; 614/NTB 088; 614/NTB 089; et al., Defendants.

United States District Court, S.D. Ohio, Eastern Division.

March 22, 1994.

Attorney(s) appearing for the Case

Michael Proctor Graney, Simpson Thacher & Bartlett, Columbus, OH, for plaintiff.

Mark E. Defossez, Reminger, Reminger, Hunter & Enders, Columbus, OH, Wendy B. Millman, Mendes & Mount, Leonard A. Sheft, Sheft & Sheft, New York City, for defendants.

Douglas Michael Kennedy, Roetzel & Andress, Columbus, OH, Gerald A. Greenberger, Sheft & Sheft, Jersey City, NJ, for Lexington Ins. Co., Union Atlantique D'Assurances, S.A.

MEMORANDUM AND ORDER

BECKWITH, District Judge.

This is a diversity action in which the Plaintiff seeks a declaratory judgment with respect to various reinsurance contracts. The Plaintiff is an insurance company that issued to Owens-Corning Fiberglass excess liability insurance policies providing a total of $410 million in coverage. The Plaintiff contends that approximately $255 million of this amount was reinsured by the Plaintiff with the Defendant...

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