Reinsurance & Arbitration
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Issue #3, June 2008
A $5M action involving reinsurance coverage for the settlement of securities fraud actions against Doral Financial Corp. has been remanded to state court
In an $85.5M action, ITT Industries Inc.'s former captive reinsurer is accusing the corporation of failing to indemnify it for massive losses arising from
A federal judge has refused to overturn the convictions of five former insurance executives who were found guilty of
American Re-Insurance Co. is not obligated to contribute toward a $4.3 million settlement of claims arising from a deadly 2004 trucking accident because
In a battle over $500,000 in collateral pending between a cedent and a reinsurer, a federal judge has allowed the reinsurer's counterclaims to survive
Lloyd's has asked a federal judge to compel arbitration of its dispute with B.D. Cooke & Partners Ltd. over $1.9 million
Lloyd's has asked a federal judge to compel arbitration of its $1.9 million dispute with B.D. Cooke & Partners Ltd.
National Indemnity Co. has asked a federal judge to enforce earlier judgments confirming two arbitration awards that
In an $800,000 action, a Louisiana federal judge has ruled that a policyholder does not have standing to directly sue a reinsurer for
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