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Reinsurance & Arbitration

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Issue #10, January 2009

OHIC Seeks Dismissal of Reinsurer's $1.5 Million Counterclaim

In an action involving one of Wisconsin's largest medical malpractice judgments, OHIC Insurance Co. seeks dismissal of a reinsurer's $1.5 million counterclaim


Federal Judge Orders Award Sealed Pending Confirmation Proceedings

A federal judge has sealed a final reinsurance arbitration award pending Century Indemnity Co.'s motion to confirm and


NICO Seeks Summary Judgment on Fraud Allegations

National Indemnity Co. (NICO) has moved for summary judgment on counterclaims that accuse it of scheming to control the runoff of Seaton Insurance Co. and


Clearwater Seeks Confirmation of $2 Million Award

Clearwater Insurance Co. seeks confirmation of a $2 million arbitration award rendered against a group of London Market reinsurers


ProNational, AXA Battle Over $1.7 Million

ProNational Insurance Co. is suing AXA Liabilities Managers Inc. for more than $1.7 million in reinsurance proceeds for the settlement of


Access General Entities Ask Judge to Toss Complaint

A group of reinsurance administrators have moved to dismiss Swiss Reinsurance America Corp.'s second amended complaint, which accuses them of


OneBeacon Demands $947,927 From Allied World

OneBeacon Insurance Co. has filed a suit in federal court against Allied World Insurance Company Ltd., seeking $947,927 in


Seaton Sues Yosemite for $550,000 in Reinsurance Proceeds

Seaton Insurance Co. is suing Yosemite Insurance Co. for $550,000 in reinsurance proceeds for asbestos and pollution losses


6th Circuit Upholds Award of Attorneys' Fees to Plan Fiduciary

The 6th Circuit has ruled that a federal judge properly awarded attorneys' fees to a plaintiff whose suit against the administrator of


Court Upholds Confirmation of $577,136 Award

A court has affirmed that an arbitration award directing a reinsurer to pay its cedent $577,136 in professional liability reinsurance proceeds does not violate


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