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Results: 1-10 of 163

McCarran-Ferguson Act does not permit state law to invalidate contractual provision for arbitration under international treaty

  • Jorden Burt LLP
  • -
  • USA
  • -
  • October 14 2008

Plaintiff Louisiana Safety Association of Timbermen - Self Insurers (“LSAT”) filed an action in federal district court in Louisiana seeking to enforce the assignment of a reinsurance contract entered into between its predecessor in interest, Safety National Casualty Corporation (“SNCC”), and SNCC’s reinsurer, Certain Underwriters at Llloyd’s, London (“Lloyd’s”

Dispute over whether quota share treaty had been terminated is subject to arbitration; late appointment of arbitrator allowed due to absence of prejudice

  • Jorden Burt LLP
  • -
  • USA
  • -
  • October 23 2008

Lincoln General reinsured Clarendon National under a quota share reinsurance treaty

Second Circuit Court of Appeals strictly construes Federal Arbitration Act’s subpoena power pertaining to non-parties

  • Jorden Burt LLP
  • -
  • USA
  • -
  • December 9 2008

Life Settlements Corp. dba Peachtree Life Settlements (“Peachtree”) entered into a contingent cost insurance contract with Syndicate 102 at Lloyd’s of London (“Syndicate 102”) to insure against the risk that living insureds under life policies which Peachtree purchased might live past his or her projected life expectancy

Arbitration award allowed to be filed under temporary seal

  • Jorden Burt LLP
  • -
  • USA
  • -
  • December 2 2008

A group of reinsurers successfully moved to file under temporary seal a final arbitration award and motion to dismiss for lack of subject matter jurisdiction in an action petitioning for confirmation of the arbitration award

Court determines that interpretation of court selection provisions of arbitration agreement is for arbitrators to resolve

  • Jorden Burt LLP
  • -
  • USA
  • -
  • December 16 2008

Founders Ins. Co. entered a Reinsurance Agreement with primary insurer Lyndon Property Ins. Co. which required Founders and Lyndon to arbitrate any insurance-related disputes

Court compels trustee of trust agreement incorporated into reinsurance contract to arbitration

  • Jorden Burt LLP
  • -
  • USA
  • -
  • January 26 2009

Homestead Insurance Company (“Homestead”) entered into a reinsurance contract with Interstate Guaranty Insurance Company (“Interstate”

Court confirms reinsurance arbitration award, rejecting numerous procedural challenges

  • Jorden Burt LLP
  • -
  • USA
  • -
  • February 3 2009

When a dispute arose over the allocation and payment of losses under a reinsurance agreement pursuant to which Global International Reinsurance Company agreed to reinsure TIG Insurance Company, the parties took their dispute to arbitration

Court gives parties a deadline to appoint a third arbitrator

  • Jorden Burt LLP
  • -
  • USA
  • -
  • February 12 2009

National Casualty Company (“NCC”) filed a complaint in federal court against several of its reinsureds (collectively, “MMO”) alleging that, under the treaties, MMO's demand for arbitration was ineffective to commence arbitration

Court grants motion to seal arbitration award

  • Jorden Burt LLP
  • -
  • USA
  • -
  • February 10 2009

Parties to a reinsurance agreement arbitrated a claims dispute, agreeing that the final award and all "arbitration information" be kept confidential

Liquidator may avoid arbitration provisions of reinsurance agreements it seeks to enforce

  • Jorden Burt LLP
  • -
  • USA
  • -
  • June 2 2008

Liquidators of insurance companies seem to have many advantages when assembling assets and controlling expenses, including the ability, at least in Ohio, to repudiate arbitration obligations