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Issue #13, April 2009

Seaton Seeks to Add $166,726 in Claims Against Century

Seaton Insurance Co. has asked a federal judge for permission to amend its complaint against Century Indemnity Co. to add three additional claims for


Summary Judgment Denied in $48 Million Reinsurance Case

Material issues of fact surround the question of whether the parties to 43 facultative reinsurance contracts intended to arbitrate disputes arising from


Commutation Included All Reinsurance Certificates, Court Affirms

A commutation agreement between Old Republic Insurance Co. and Ace Property and Casualty Insurance Co.'s predecessor clearly encompasses all


Federal Judge Sends $1.9 Million Dispute to Arbitration

A $1.9 million dispute between Certain Underwriters at Lloyd's London and a reinsurance broker should be arbitrated because


TIG Seeks to Add Conrail Claims to Action Against Reinsurers

TIG Insurance Co. is urging a federal judge to allow it to amend its complaint a second time to add claims arising from its settlement of


Counterclaims Barred by <i>Res Judicata</i>, National Indemnity Argues

National Indemnity Co. asserts that <i>res judicata</i> and collateral estoppel bar counterclaims accusing it of scheming to control the runoff of


Suit Against Windstorm Coverage Association Board Members Dismissed

A federal judge has dismissed a suit accusing former board members of a windstorm coverage association of failing to obtain adequate reinsurance for


Michigan Claims Association Demands Production of Documents

The Michigan Catastrophic Claims Association has asked a federal judge to compel Old Republic Insurance Co. to produce documents


Cedent's Suit Against Sedgwick is Untimely, State Appellate Court Affirms

A legal malpractice action accusing a law firm of giving bad advice to a cedent regarding a reinsurance claim is untimely, a state appellate court


Administrators Wholly Deny Swiss Re's Claims Mishandling Allegations

A group of reinsurance administrators assert that Swiss Reinsurance America Corp.'s second amended complaint, which accuses them of mishandling claims


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