N.Y. Federal Judge Confirms $11.3 Million Reinsurance Arbitration Award

NEW YORK — A New York federal judge has granted Swiss Reinsurance America Corp.’s petition to confirm a final interim arbitration award requiring GO Re Inc. to pay it $11.3 million under a quota share retrocession agreement.

On Sept. 3, Judge Lewis L. Stanton of the U.S. District Court for the Southern District of New York noted that Go Re Inc. did not respond to Swiss Re’s petition for confirmation of the Jan. 8 arbitration award, and that the deadline to respond has expired.

Software developer Kevin Pomplun created an application to sell, service and manage United States auto policies …