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Reinsurance & Arbitration

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Issue #23, February 2010

Judge Orders Trustmark to Arbitrate; Appoints Thirkill as Umpire

A federal judge has compelled Trustmark Insurance Co. to arbitrate a reinsurance contract dispute with Clarendon National Insurance Co. and


N.Y. Law Applies in Midland Liquidation Proceeding, Court Rules

A New York appellate court has ruled that New York law must be applied to the analysis of policyholders' denied claims in the liquidation of Midland Insurance


Judge Allows Guarantors to Use Frozen Funds to Pay Attorney Fees

A New Jersey federal judge has allowed the guarantors of a reinsurance contract to use court-frozen funds to pay attorney fees


Judge Refuses to Reconsider Remand of Midland Contract Dispute

A federal judge has refused to reconsider his decision to remand a dispute between the liquidator of Midland Insurance Co. and a Serbian reinsurance company


Judge Bars Trustmark, Hancock from Proceeding Before Arbitrator

Trustmark Insurance Co. and John Hancock Life Insurance Co. have been enjoined from arbitrating a reinsurance contract dispute before


An Analysis of <i>United States Life Ins. Co. v. Superior Life Ins. Co.</i>

The 9th Circuit recently approved an unusual process in which an arbitration panel hired its own experts, met with them privately, and then allowed


Are 'Unreasoned' Arbitration Awards 'Irrational'?

The purpose of this article is to examine a recent unreasoned award found to be irrational by a federal district court


Issue #22, January 2010

Munich Re Demands $4.3 Million Under Retrocessional Contracts

In a newly filed suit, Munich Reinsurance America Inc. is demanding $4.3 million in retrocessional proceeds from American National Insurance Co.


AXA Belgium Properly Raised Offset Issue, Federal Court Rules

A Pennsylvania federal judge has denied Century Indemnity Co.'s motion to quantify a 2007 arbitration award rendered against AXA Belgium SA


Westport Insurance Prevails in Follow-The-Fortunes Suit

A Connecticut federal judge has granted Westport Insurance Corp.'s motion for judgment on the pleadings, ruling that it is not obligated to


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