Reinsurance & Arbitration

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Issue #16, July 2009

Possible Federal Regulation of Reinsurance: Where Are We Now?

The Treasury Department issued a White Paper providing the administration's long-awaited proposals for the "modernization" of the regulation of the

Federal Judge Denies Flintkote's Request for Reinsurance Information

In an insurance coverage case involving asbestos claims, a federal judge has denied without prejudice a request for discovery of reinsurance information

Federal Judge Says § 1782 Does Not Apply to Private Arbitrations

A federal judge does not have discretion to order ACE Bermuda Ltd.'s former counsel to provide deposition testimony for use in a London arbitration

Northern Assurance Demands $737,000 From Stronghold Insurance

In a newly-filed suit, Northern Assurance Company of America is demanding more than $737,000 in reinsurance proceeds from Stronghold Insurance Co.

Judge Certifies Commutation Questions to Arbitrators

In response to a motion to reconsider filed by Certain Underwriters at Lloyds, a federal judge certified to an arbitration panel certain questions regarding

Issue #15, June 2009

Barry Temkin Joins Mound Cotton as Counsel

Mound Cotton Wollan & Greengrass has announced that Barry Temkin has joined the New York firm as counsel

$1.33 Million Reinsurance Dispute Will Remain in New York

A federal judge has refused to transfer a $1.33 million reinsurance dispute to the U.S. District Court for the Eastern District of Pennsylvania, ruling

Swiss Re is Beneficiary to Indemnity Agreement, 3rd Circuit Rules

A federal appellate court has reversed a grant of summary judgment to Airport Industrial Park, d/b/a P.E.C. Contracting Engineers, as against Swiss Reinsurance

Enforcing Class Arbitration Waivers: The FAA and Unconscionability

Several courts during the past year have addressed the circumstances under which agreements to waive class claims in arbitration may be unconscionable

Judge Confirms $186,952 Award in Favor of Global Re

A federal judge has confirmed an arbitration award pursuant to which Argonaut Insurance Co. paid Global Reinsurance Corp. $186,952

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