UNIGARD SECURITY INSURANCE COMPANY INC (SUCCESSOR TO UNIGARD MUTUAL INSURANCE COMPANY INC) V NORTH RIVER INSURANCE COMPANY

(1992) 1 Re LR 409

Chancery Division

Before Circuit Judge Winter, Circuit Judge Altimari and District Judge Pollack (of the Southern District of New York, sitting by designation)

Notice - Prejudice - Asbestos-related claims - New York - Decision by trial court that reinsured excess insurer was late in notifying reinsurer of “any occurrence or accident” - Whether prejudice a necessary factor in reinsurance disputes.