Wausau, CNA Resolve Dispute Over Appointment of Umpire to Oversee Reinsurance Arbitration

MADISON, Wis. — Employers Insurance of Wausau and Continental Casualty Co. have resolved their dispute over appointment of an umpire to oversee a reinsurance arbitration, according to a recent court filing.

In a June 23 stipulation filed in the U.S. District Court for the Western District of Wisconsin, the parties agreed to dismissal of the action without prejudice.

CNA was reinsured under an Underlying Excess of Loss Reinsurance Agreement in which Wausau participated in 1977-1979; a Blanket Excess of Loss Reinsurance Agreement in which Wausau participated in 1976-1980; and an Underlying Casualty Excess of Loss Reinsurance Agreement in which Wausau …