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Issue #3, June 2008

Ramona Tire Refutes Rehabilitator's Fraud Claims

Ramona Tire Inc. wholly denied allegations that it underfunded its captive insurer in an effort to defraud Frontier Insurance Co.


N.J. Judge Orders Converium To Follow $4.4M Settlement

Converium Re is bound to a $4.4M settlement of employer liability claims because the ultimate net loss exceeded the treaty's retention, a N.J. judge ruled


Reinsurer Must Pay Costs Arising From Confirmation Proceedings

After prevailing in their effort to confirm an award, two claims adjusters are entitled to collect $335,396 in costs from Employers' Re


Issue #2, May 2008

Indiana Judge Awards $20 Million To Victims of ERISA Scam

An Indiana judge awarded $20M to small business owners who paid for phony employee benefit plans backed by an undercapitalized Belgian reinsurer


Senate Confirms Catharina Haynes to the 5th Circuit

<b>Catharina Haynes</b>, a partner with Baker Botts in Dallas, has been confirmed to the 5th Circuit U.S. Court of Appeals.


Aon Ltd. May Not Appeal Denial Of Summary Judgment, Pa. Judge Rules

A reinsurance broker accused of causing a cedent to suffer more than $30M in damages may not appeal denial of its motion for summary judgment


North Star Seeks Confirmation of $224,615 Arbitration Award

North Star Reinsurance Corp. seeks confirmation of an arbitration award issued against Harel Insurance Co.


Cedent Urges Court to Allow Claim for Punitive Damages Against Munich Re

Under California law, reinsurers who misapply exclusions and fail to properly investigate claims can be held liable for bad faith in tort, a cedent argues


Hinshaw & Culbertson Partner Shaves Head For Cancer Research

<b>Edward K. Lenci</b>, a partner with Hinshaw & Culbertson in New York, shaved his head to raise more than $2,500 for childhood cancer research.


Lincoln General Says It Has No Remaining Obligations to Cedent

In a newly filed suit, Lincoln General Insurance Co. seeks a ruling that it has no remaining obligations under a treaty that terminated in January 2005


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