Reinsurance & Arbitration

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Issue #13, April 2009

Summary Judgment Denied in $48 Million Reinsurance Case

Material issues of fact surround the question of whether the parties to 43 facultative reinsurance contracts intended to arbitrate disputes arising from

Commutation Included All Reinsurance Certificates, Court Affirms

A commutation agreement between Old Republic Insurance Co. and Ace Property and Casualty Insurance Co.'s predecessor clearly encompasses all

Federal Judge Sends $1.9 Million Dispute to Arbitration

A $1.9 million dispute between Certain Underwriters at Lloyd's London and a reinsurance broker should be arbitrated because

TIG Seeks to Add Conrail Claims to Action Against Reinsurers

TIG Insurance Co. is urging a federal judge to allow it to amend its complaint a second time to add claims arising from its settlement of

Counterclaims Barred by <i>Res Judicata</i>, National Indemnity Argues

National Indemnity Co. asserts that <i>res judicata</i> and collateral estoppel bar counterclaims accusing it of scheming to control the runoff of

Suit Against Windstorm Coverage Association Board Members Dismissed

A federal judge has dismissed a suit accusing former board members of a windstorm coverage association of failing to obtain adequate reinsurance for

Michigan Claims Association Demands Production of Documents

The Michigan Catastrophic Claims Association has asked a federal judge to compel Old Republic Insurance Co. to produce documents

Cedent's Suit Against Sedgwick is Untimely, State Appellate Court Affirms

A legal malpractice action accusing a law firm of giving bad advice to a cedent regarding a reinsurance claim is untimely, a state appellate court

Administrators Wholly Deny Swiss Re's Claims Mishandling Allegations

A group of reinsurance administrators assert that Swiss Reinsurance America Corp.'s second amended complaint, which accuses them of mishandling claims

Judge Refuses to Stay Discovery in Commutation Dispute

An Illinois federal judge has denied SCOR's motion to stay discovery in a dispute over whether a commutation agreement terminated certain facultative contracts

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