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Reinsurance & Arbitration

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Issue #4, July 2008

Allianz Has Priority Over Silverstein For 9/11 Recoveries

A federal judge has given an excess insurer priority over the World Trade Center's leaseholder in recoveries from 3rd parties for 9/11 damages


Lloyd's Urges Federal Judge To Deny Remand of $1.9 Million Case

Lloyd's of London is urging a judge to deny a motion to remand and compel arbitration of the $1.9 million dispute involving


Mediating Reinsurance Disputes

Peter A. Scarpato of Conflict Resolved discusses mediation as an ''effective but often misunderstood and underused process'' for resolving disputes


Cedent's Breach Leaves Reinsurers Off The Hook, U.K. Judge Rules

A cedent's breach of a condition precedent absolves its reinsurers of liability for an estimated $26.9 million in losses sustained by


Munich Re Fires Back in Battle Over $4.25 Million Settlement

Munich Reinsurance America Inc. has flatly denied allegations that it owes a self-insured retention pool $4.25 million


Rehabilitator Seeks $577,966 Default Judgment Against Captive

A rehabilitator seeks a default judgment against an offshore captive for sums allegedly owed under a workers' comp reinsurance agreement


Federal Judge Confirms Awards in EMLICO Redomestication Dispute

In the long-running dispute over coverage for environmental and asbestos claims, a federal judge confirmed two arbitration awards in which


Reinsurer Brings $1.5 Million Counterclaim in Ohio Action

A reinsurer has counterclaimed for return of $1.5 million in prejudgment interest


Program Manager Urges Judge To Toss Reinsurer's 3rd-Party Claims

In a dispute arising from a professional liability insurance program, an underwriter is urging a judge to dismiss a reinsurer's 3rd-party complaint


Collateral Source Rule Bars Reinsurance Evidence

Under Louisiana's collateral source rule, a hospital's professional liability insurer was not required to present evidence of reinsurance to jurors


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