Federal Judge Sends $1.9 Million Dispute to Arbitration

NEW YORK - A $1.9 million dispute between Certain Underwriters at Lloyd's London and reinsurance broker B.D. Cooke & Partners Inc. should be arbitrated because the dispute falls squarely within the parties' arbitration agreement, a New York federal judge has ruled. B.D. Cooke & Partners Ltd. v. Certain Underwriters at Lloyd's London, No. 1:08-cv-03435 (S.D. N.Y.).

In a March 26 opinion, Judge Richard J. Holwell of the U.S. District Court for the Southern District of New York granted Lloyd's motion to stay the action pending arbitration.

In 1950, Citizens became a member of a reinsurance pool operated by Agency Managers …