STORY FROM: Reinsurance & Arbitration
Health Insurer’s $1.8 Million Action Against Swiss Re Stayed Pending Mediation
February 28, 2019
PORTLAND, Ore. — An Oregon federal judge has stayed a case in which a health insurer has sued Swiss Re Life & Health for $1.8 million in reinsurance coverage for claims arising from a member’s hemophilia treatment and unrelated surgeries.
On Feb. 22, Judge Michael Mosman of the U.S. District Court for the District of Oregon granted the parties’ stipulated motion to stay court deadlines while the parties engage in mediation.
Moda entered into an excess of loss reinsurance agreement with Swiss Re, effective Jan. 1, 2016. The parties renewed the agreement on Jan. 1, 2017. The contract required Moda ...
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Motion to Stay