Reinsurance & Arbitration

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Issue #21, December 2009

Premium Claims Against Liquidator Remanded to State Court

A federal judge has remanded an unpaid premium action brought by Granite Reinsurance Company Ltd. against the liquidator of American Growers Insurance Co.

Judge Confirms Arbitration Award; Finds No Manifest Disregard

A federal judge has confirmed an arbitration award stating that the liquidator of American Integrity Insurance Co. cannot recover $8.9 million in billings

Service-Of-Suit Clause Waives Reinsurer's Removal Rights

A federal judge has remanded a dispute between the liquidator of Midland Insurance Co. and a Serbian reinsurance company, ruling that the service-of-suit clause

Arbitration: New Developments to Bring More Confidence

New developments provide an opportunity to examine what is available to help parties regain confidence and consider what remains to be done

Judge Confirms $6.6 Million Award, Denies Setoff Request

A federal judge has confirmed a $6.6 million arbitration award rendered in favor of Trustmark Insurance Co. and denied

Judge Denies <i>Vacatur</i> of $682,939 Attorneys' Fees Award

A federal judge has refused to vacate an arbitration award of $682,939 in attorneys' fees and costs in favor of Odyssey America Reinsurance Corp., ruling that

5th Circuit Rules <i>En Banc</i> That Arbitration Treaty Trumps State Law

In <i>Safety National</i>, the 5th Circuit considered <i>en banc</i> whether the McCarran-Ferguson Act caused state law to "reverse-preempt" the Convention

Transferring Books of Business: Recent Case Law

Books of insurance business may be transferred for a variety of reasons, including the generation of revenue

Issue #20, November 2009

Pacific Employers Insurance Demands Payment From AXA Belgium

Pacific Employers Insurance Co. has sued AXA Belgium S.A. in federal court for reinsurance proceeds allegedly due and owing under a quota share contract

Century Indemnity Demands $2.4 Million From Twin City Fire

Century Indemnity Co. is demanding $2.4 million in reinsurance proceeds from Twin City Fire Insurance Co. for latent exposure losses sustained by

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