Should Follow the Settlements be Implied Into Reinsurance Contracts? (Updated)

[Editor's note: Mr. Hall is an attorney, a former law firm partner, a former insurance and reinsurance executive and acts as an insurance consultant as well as an arbitrator of insurance and reinsurance disputes and as an expert witness. He is a veteran of over180 arbitration panels and is certified as an arbitrator and umpire by ARIAS - US. The views expressed in this article are those of the author and do not reflect the views of his clients. Copyright by the author 2018. Mr. Hall has authored over 100 articles and they may be viewed at his website: robertmhall.com.]