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Issue #3, June 2008

Lloyd's Urges Arbitration Of $1.9M Battle With B.D. Cooke

Lloyd's has asked a federal judge to compel arbitration of its $1.9 million dispute with B.D. Cooke & Partners Ltd.


NICO Asks Federal Judge To Enforce Awards Against Cedents

National Indemnity Co. has asked a federal judge to enforce earlier judgments confirming two arbitration awards that


Policyholder May Not Directly Sue for Breach of Contract

In an $800,000 action, a Louisiana federal judge has ruled that a policyholder does not have standing to directly sue a reinsurer for


Calif. Federal Judge: Cedent May Not Recover in Tort

A California federal judge ruled that cedents may not recover in tort for a reinsurer's alleged breach of the implied covenant of good faith and fair dealing


Claim Estimation in Liquidations: Integrity - the Final Chapter?

Robert M. Hall discusses the impact of recent case law on the collection of reinsurance recoverables for long-tail claims


$34.3M Award Against AIG Should Stand, N.Y. Judge Rules

A New York federal judge has denied American International Group's motion to amend a $34.3 million judgment that was issued in February after


Clyde & Co. Opens Office in San Francisco

U.K.-based Clyde & Co. has opened a new office in San Francisco with a team of four partners and six associates. William J. Casey


Texas Judge Applies 'First Filed' Rule, Transfers $45M Action

A Texas federal judge transferred a $45 million case involving reinsurance coverage for a 2006 explosion at a chemical plant


Appointment of Arbitrator Did Not Nullify $26.4M Award

An arbitration award was not nullified by the appointment of a replacement arbitrator after the previous arbitrator withdrew, an Illinois federal judge ruled


N.Y. Judge Unseals Award in $3.3 Million Case

A N.Y. judge unsealed two arbitration awards in which Global Reinsurance Corp.'s demand for $2.7M in commutation balances was denied


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