Reinsurance & Arbitration

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Issue #11, February 2009

Insurer Moves For Summary Judgment Against Michigan Association

An automobile insurer has moved for summary judgment against the Michigan Catastrophic Claims Association, asserting that MCCA is obligated

Self-Insurance Fund is Not a 'Reinsurer,' State Appeals Court Affirms

A self-insurance fund's unpaid claims arising from the insolvency of an excess insurer are "covered claims" under the

Huntsman, Reinsurers Will Mediate $45 Million Coverage Action

Huntsman Corp., its captive insurer and several reinsurers have agreed to mediate a $45 million dispute over coverage for a 2006 explosion

Judge Dismisses Petition to Confirm Award in $1.7 Million Case

In a $1.7 million dispute involving asbestos and pollution losses, a federal judge dismissed for lack of jurisdiction a petition to confirm

Insured May Not Proceed Directly Against Reinsurer

A policyholder may not sue a reinsurer directly to collect on a default judgment rendered against a now-insolvent insurer because the reinsurance contract

Judge Remands Fraudulent Transfer Action Against Gen Re

A federal judge has remanded an action brought by the receiver of Aries Insurance Co. to recover allegedly improper and fraudulent transfers

Allied World Refutes $947,927 Reinsurance Claim

In response to a $947,927 breach of contract claim, Allied World Insurance Co. asserts that it has paid its share of losses and expenses under

Reinsurer's Suit Against Access General Survives Dismissal

A federal judge has refused to dismiss a suit brought by Swiss Reinsurance America Corp. that accuses a group of reinsurance administrators of

Covenant Counterclaims Against Arrowood for $157,182

A reinsurance program administrator has counterclaimed against Arrowood Indemnity Co. in federal court, seeking $157,182

'Run-Off Option' Extended Reinsurance Coverage, Arrowood Asserts

Arrowood Surplus Lines Co. is refuting Westport Insurance Corp.'s assertion that Arrowood is not entitled to $6.8 million in reinsurance coverage for

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