Insurer Brings Counterclaims Against Reinsurer Over $31M Pollution Settlement

( August 17, 2026, 8:42 AM EDT) -- CLEVELAND — Contending that its $31 million payment resolved liabilities covered by a reinsured policy, an insurer brought counterclaims for breach of contract, equitable subrogation and unjust enrichment in an Ohio federal court against a reinsurer seeking a declaration that it has no obligation under facultative reinsurance certificates to reimburse the payment, which arose from an environmental coverage dispute over remediation costs at a Kentucky aerospace manufacturing site....