Reinsurance & Arbitration
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Issue #2, May 2008
An $8.2M reinsurance coverage battle involving one of Wisconsin's largest medical malpractice judgments is pending in Ohio federal court
The U.S. high court ruled that the FAA preempts state laws that call for disputes to be heard by an administrative agency
Reliance National Insurance (Europe) is urging a Pa. judge to compel arbitration of a dispute over whether its reinsurer can deny payment for future claims
The U.S. Supreme Court ruled that the FAA bars courts from enforcing agreements that provide for more expansive judicial review of an award
A reinsurer asked an Illinois judge to stay a $1.7 million dispute over whether a commutation includes certain reinsurance contracts
Munich Re asked a California court to dismiss a suit brought by a cedent demanding reinsurance coverage for claims filed against Hewlett-Packard Co.
Claims brought by a cedent against Aon in connection with rescission of a workers' compensation treaty are time-barred, the 5th Circuit ruled
Issue #1, April 2008
A $267,000 award should be vacated because the arbitrator's failure to disclose his relationship with the plaintiff's insurer, a California court affirmed
A California judge on March 10 dismissed a cedent's petition to appoint a neutral arbitrator in its dispute with Insurance Company of the West
An English judge upheld enforcement of an $88.3M arbitration award rendered in favor of a Monaco reinsurer