Reinsurance & Arbitration
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Issue #3, June 2008
A N.Y. judge unsealed two arbitration awards in which Global Reinsurance Corp.'s demand for $2.7M in commutation balances was denied
In a dispute pending in England and internationally, interests of justice require disclosure of arbitration documents in those proceedings, a U.K. court ruled
A Florida judge has ruled that a reinsurer's agent was improperly joined to a cedent's declaratory judgment action
Foreign shareholders of Converium stock are urging a N.Y. judge to grant them class certification
An English justice ruled that a reinsurer is not required to seek leave of court in order to appeal a $91.4 million award
A Minnesota judge dismissed a lawsuit accusing AIG of fraudulently understating its workers' compensation premiums
Reinsurance and arbitration specialists <b>Lawrence Brandes</b> and <b>Harry Cohen</b> say they plan to leave Cadwalader, Wickersham & Taft
England's highest court ruled that reinsurance assets held in the U.K. for the insolvent HIH group should be transferred to Australia
Ramona Tire Inc. wholly denied allegations that it underfunded its captive insurer in an effort to defraud Frontier Insurance Co.
Converium Re is bound to a $4.4M settlement of employer liability claims because the ultimate net loss exceeded the treaty's retention, a N.J. judge ruled