Folksamerica Sues Ecuadorian Construction Company for $51,783



DOCUMENTS
  • Complaint


MIAMI - Folksamerica Reinsurance Co. has sued an Ecuadorian construction company and its president for $51,783 in indemnification allegedly owed under a bond reinsurance contract. Folksamerica Reinsurance Co. v. Constructora Del Litoral S.A., et al., No. 10-20560 (S.D. Fla.).

The suit, originally filed in the Miami-Dade County Circuit Court, was removed by the defendants to federal court on Feb. 23.

According to the suit, Global Reinsurance Brokers Inc. contacted Folksamerica (now known as White Mountains Reinsurance Company of America) in early 2002 regarding coverage of a bid bond and other contractual surety bonds issued by Seguros Oriente S.A. for …






UPCOMING CONFERENCES




HarrisMartin's MDL Conference: Depo-Provera and Current MDL Cases

January 29, 2025 - Miami Beach, FL
The Coral Ballroom at the Fontainebleau Miami Beach

MORE DETAILS



HarrisMartin's New Jersey Asbestos Litigation Conference

February 27, 2025 - New Brunswick, NJ
Hyatt Regency New Brunswick

MORE DETAILS