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Reinsurance & Arbitration

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Issue #4, July 2008

Crowell & Moring Barred From Representing Reinsurer in $3.1 Million Case

A federal magistrate judge ruled that Crowell & Moring may not represent Illinois Union Insurance Co. in a $3.1 million case because


California Jury Finds In Favor of Reinsurer In $6.6 Million Action

A California jury on June 6 determined that a $6.6 million suit brought by Transport Insurance Co. against its reinsurer was not timely filed


Huntsman Urges Remand Of $45 Million Coverage Battle

An insured is urging a federal judge to remand a $45 million coverage dispute to state court, arguing that the reinsurers have waived their right of removal


Reinsurer Accuses Investors, Holding Companies of Fraudulent Scheme

National Indemnity Co. has sued the owners of Seaton Insurance Co. and Stonewall Insurance Co. in federal court, accusing them of scheming to


Lloyd's Seeks Arbitration of $1.9 Million Dispute

Lloyd's of London is urging a federal judge to compel arbitration of its $1.9 million dispute with reinsurance broker B.D. Cooke


Allianz Has Priority Over Silverstein For 9/11 Recoveries

A federal judge has given an excess insurer priority over the World Trade Center's leaseholder in recoveries from 3rd parties for 9/11 damages


Lloyd's Urges Federal Judge To Deny Remand of $1.9 Million Case

Lloyd's of London is urging a judge to deny a motion to remand and compel arbitration of the $1.9 million dispute involving


Mediating Reinsurance Disputes

Peter A. Scarpato of Conflict Resolved discusses mediation as an ''effective but often misunderstood and underused process'' for resolving disputes


Cedent's Breach Leaves Reinsurers Off The Hook, U.K. Judge Rules

A cedent's breach of a condition precedent absolves its reinsurers of liability for an estimated $26.9 million in losses sustained by


Munich Re Fires Back in Battle Over $4.25 Million Settlement

Munich Reinsurance America Inc. has flatly denied allegations that it owes a self-insured retention pool $4.25 million


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