CNA, SCOR Agree To Stay Dispute Pending Settlement Talks
September 4, 2008
DOCUMENTS
- Motion to Stay
CHICAGO - Pending settlement talks, CNA and SCOR Reinsurance Co. have jointly moved for a stay of their dispute over whether a 2006 commutation terminated certain facultative contracts between the parties. Continental Casualty Co., et al. v. Commercial Risk Re-Insurance Co., No. 1:07-cv-06912 (N.D. Ill.).
According to the Aug. 22 motion, the parties are currently engaged in detailed settlement discussions under the oversight of Magistrate Judge Arlander Keys of the U.S. District Court for the Northern District of Illinois.
CNA filed this declaratory judgment action against SCOR in December, seeking $1.7 million under facultative reinsurance contracts issued by Allstate Insurance …
UPCOMING CONFERENCES
HarrisMartin's MDL Conference: Video Game Addiction and the Latest Mass Tort Updates
May 29, 2024 - Salt Lake City, UT
The Grand America Hotel
HarrisMartin's Mass Tort Settlements Conference - Sponsored by Milestone
June 27, 2024 - Buffalo, NY
The Richardson Hotel Buffalo