STORY FROM: Reinsurance & Arbitration

Peter Bickford Tapped to Preside Over $1.47 Million Reinsurance Arbitration

NEW YORK — A New York judge has tapped Peter Bickford to serve as umpire in a reinsurance arbitration in which a cedent seeks $1.47 million in reinsurance coverage for underlying asbestos claims filed against its insured, California Portland Cement Co.

In an April 24 order, Judge Andrea Masley of the New York County Supreme Court found Bickford is the best suited impartial candidate. The judge struck five other candidates from consideration, finding they are either potentially biased or less qualified than Bickford.

National Union Fire Insurance Company of Pittsburgh, Pa., issued a policy to California Portland Cement Co. California ...

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