STORY FROM: Reinsurance & Arbitration
Parties to $1.5 Million Reinsurance Action Agree to Participate in Mediation Regarding Forum
September 16, 2016
SAN FRANCISCO — R&Q Reinsurance Corp. and The American Insurance Co. have agreed to participate in a mediation to resolve their dispute over whether a $1.5 million reinsurance action belongs in California or should be tried in Pennsylvania.
According to a Sept. 15 filing in the U.S. District Court for the Northern District of California, the parties consented to hold the alternative dispute resolution by March 1..
TAIC insured GM under several excess liability policies in effect from October 1976 through September 1985. Those policies were allegedly reinsured under 11 facultative contracts issued by R&Q.
GM was named as a ...
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Segal McCambridge Singer & Mahoney
Stipulation, Proposed Order