N.Y. Federal Judge Remands Arbitration Award for Clarification in Reinsurance Dispute
October 4, 2019
DOCUMENTS
- Order
NEW YORK — A New York federal judge has asked an arbitration panel to clarify an award issued in a reinsurance dispute involving death benefits, explaining that it is unclear which party’s interpretation of the award is correct.
In a Sept. 25 order, Judge Jesse M. Furman of the U.S. District Court for the Southern District of New York asked the arbitrators to clarify whether and to what extent the insurer is required to indemnify the reinsurer for the “payment of death benefits by escheatment, including by early escheatment.”
Allianz Life Insurance Company of North America agreed to reinsure …
FIRM NAMES
- Carlton Fields
- Drinker Biddle & Reath
- Steptoe & Johnson
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