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Reinsurance & Arbitration

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Issue #12, March 2009

Judge Strikes AIG's Affirmative Defenses in NCCI Action

A federal judge has struck affirmative defenses filed by AIG in response to a $1 billion lawsuit accusing it of underreporting workers' compensation premiums


Reinsurers Seek Transfer of $1.33 Million Case to Philadelphia

Two reinsurers have moved to transfer to a Pennsylvania federal court a $1.33 million reinsurance dispute filed by TIG Insurance Co.


NICO Not Entitled To Judgment on Counterclaims, Dukes Place Says

Dukes Place Holdings L.P. asserts that counterclaims accusing National Indemnity Co. of fraud are not barred by <i>res judicata</i> because


Reinsurers' Liability is Several, Not Joint, Federal Judge Rules

A judge has ruled that a $2 million arbitration award should set forth the retrocessional liability of each defendant London Market Reinsurer


Judge Dismisses $45 Million Action To Allow Mediation, Arbitration

A Texas federal judge has dismissed a $45 million coverage action, allowing Huntsman Corp., its captive insurer and several reinsurers to


Judge Approves $62 Million Settlement in Brokerage Antitrust Action

A federal judge has approved a $62 million settlement agreement that resolves brokerage antitrust class action claims brought against


Association Members May Bring Fiduciary Duty Claims Against Board

Members of a windstorm coverage association have standing to bring breach of fiduciary claims against the association's board


Issue #11, February 2009

Judge Tosses Claims Against Former AIG Directors, PricewaterhouseCoopers

Stockholder's claims against certain former directors and employees of AIG and auditor PricewaterhouseCoopers were dismissed by


People: Mark A. Kreger Named Partner at Kerns & Frost

Kerns Frost & Pearlman has named <b>Mark A. Kreger</b> as a partner and co-head of its Chicago reinsurance practice


Insurer Moves For Summary Judgment Against Michigan Association

An automobile insurer has moved for summary judgment against the Michigan Catastrophic Claims Association, asserting that MCCA is obligated


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