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<title>LexisNexis® Mealey's™ Reinsurance Legal News</title>

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<description>Headline Reinsurance Legal News from LexisNexis®</description>

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<title>LexisNexis® Headline Reinsurance Legal News</title>

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<copyright>Copyright 2008</copyright>

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<title>Remand Denied In Case Between Insured And Captive, Reinsurers</title>
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<![CDATA[HOUSTON - In denying a company's motion to remand an insurance and reinsurance contract dispute, a federal judge in Texas held Sept. 26 that, among other reasons, the case fell under the New York Convention and that policy favors litigating convention claims in federal court to build a uniform body of convention law (Huntsman Corporation v. International Risk Insurance Company, et al., No. 08-cv-01542, S.D. Texas; 2008 U.S. Dist. LEXIS 74397; See 5/2/08, Page 10). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 1 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Mining Company Appeals Confirmation Of $1.2M Arbitration Award</title>
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<![CDATA[DENVER - A mining company on Sept. 23, appealed a federal judge's confirmation of an arbitration panel's $1,277,376.70 award to a reinsurer, in which the judge ruled on the parties dispute over post-judgment interest and attorney fees by noting that the court is responsible for determining the rate of post-judgment interest and the panel is responsible for determining attorney fees (Newmont USA Limited, et al. v. Insurance Company of North America, No. 06-cv-01178, D. Colo.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 2 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>NICO Opposes Seaton, Stonewall Parents' Motion To Dismiss</title>
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<![CDATA[NEW YORK - In its opposition to a group of investors' and a claims administrator's motion to dismiss breach of fiduciary duty and breach of contract claims, a reinsurer responded Sept 5 that its complaint has sufficiently specific allegations of the defendant's alleged domination and control over a pair of insolvent insurers to make the claims under the theory of veil piercing (National Indemnity Company v. Greenwich Street Investments II, LLC, et al., No. 08-cv-4067, S.D. N.Y.; See 8/1/08, Page 13). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 3 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Suit Parties Consent To Intervention By Insurance Superintendent</title>
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<![CDATA[NEW YORK - A surety bond holder and the reinsurer that it accused of not paying a $2.7 million claim agreed Sept. 26 to consent to the intervention of New York's superintendent of insurance as rehabilitator of the reinsured surety bond issuer (Callon Petroleum Company v. National Indemnity Company, No. 06-cv-0573, E.D. N.Y.; See 7/18/08, Page 8). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 4 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>New York's Dinallo Intervenes In Reinsured Surety Bond Case</title>
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<![CDATA[NEW YORK - A reinsurer and a trust allegedly owed nearly $1 million from a reinsured surety bond agreed Sept. 26 not to oppose the intervention of New York's superintendent of insurance as rehabilitator of one of the surety bond's issuers (Post Confirmation Trust of Fleming Companies, Inc., v. National Indemnity Company, No. 06-cv-03016, E.D. N.Y.; See 7/18/08, Page 7). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 5 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Reinsurer Moves To Seal Award And Pleadings</title>
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<![CDATA[DETROIT - A reinsurer moved to seal a final arbitration award and its own motion to dismiss on Oct. 1, noting that the award does not satisfy the amount-in-controversy requirement, is listed in the motion for dismissal to show the lack of controversy and the public's right of access cannot attach to a case that does not exist (American Bankers Insurance Company of Florida, et al. v. National Casualty Company, No. 08-cv-13522, E.D. Mich.; See 9/5/08, Page 5). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 6 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Panel: No Evidence To Support Discovery Of Reinsurance Records</title>
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<![CDATA[HARTFORD, Conn. - In reversing and remanding a lower court's decision to allow discovery of reinsurance records, a state appeals panel in Connecticut said Sept. 23 that a car dealer and its extended warranty provider had not shown the requisite probable cause to support claims of breach of contract, fraud or unfair business practices that would allow the discovery (H and L Chevrolet, Inc., et al. v. Berkley Insurance Company, No. AC 27670, Conn. App.; 2008 Conn. App. LEXIS 453). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 7 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Judge: Reinsurer Improper Party In Disability Insurance Suit</title>
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<![CDATA[PHILADELPHIA - A federal judge in Pennsylvania on Sept. 16 dismissed a reinsurer and a third-party administrator as improper parties to a disability insurance breach of contract and bad faith suit, holding that neither held a contractual relationship directly to the insured (Samuel W. Brand v. AXA Equitable Life Insurance Co., et al., No 08-cv-02859, E.D. Pa.; 2008 U.S. Dist. LEXIS 69661). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 8 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Party Concedes; No Recovery Under Tort Theory Of Negligence</title>
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<![CDATA[CHICAGO - While a federal judge was ruling on a number of motions to dismiss claims and counterclaims in a dispute over vehicle service contracts, a vehicle service contract administrator agreed Aug. 12 to voluntarily dismiss its negligent misrepresentation claim against an insurer that it alleges did not reinsure its obligations as promised when the administrator conceded to the insurer's argument that the administrator cannot recover purely economic loss under the tort theory of negligence (Warrentech Automotive, Inc. v. Heritage Warranty Insurance Risk Retention Group, Inc., Nos. 07-cv-3539 and 07-cv-6977, N.D. Ill.; 2008 U.S. Dist. LEXIS 72783). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 9 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Judge Grants Stay In $25M Insurance/Reinsurance Dispute</title>
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<![CDATA[CHARLESTON, W.Va. - A federal judge on Aug. 11 and Sept. 23 granted motions to stay a pair of disputes between insurers, a reinsurer and a medical center over a $25 million jury verdict from a defamation and bad faith case between a doctor and the medical center after all parties moved to stay while they negotiate (Executive Risk Indemnity, Inc. v. Charleston Area Medical Center, et al., No. 08-cv-00810 and Employers Reinsurance Corp. v. Charleston Area Medical Center, et al., No. 08-cv-00303, S.D. W.Va.; See 6/20/08, Page 17). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 10 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>News From The LexisNexis Insurance Law Center</title>
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<![CDATA[[Editor's Note: The following items of interest appeared recently on the LexisNexis Insurance Law Center. Devoted to insurance litigation and the insurance industry, the Insurance Law Center is where you can connect with other insurance professionals to discuss the hottest issues. Become a regular contributor. Visit the center on the open Web for insurance-related headlines, discussion, expert commentary and more at: http://law.lexisnexis.com/practiceareas/insurance] 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-11 Mealey's Litig. Rep. Reinsurance 11 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Insurers Agree To Dismiss Policy Dispute, Arbitrate In London</title>
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<![CDATA[DETROIT - Following a judge's ruling in the United Kingdom that the purpose of a "Service of Suit" clause in a number of political risk insurance policies is not to prevent or restrict the arbitration of insurance or reinsurance claims, an insured and its insurers on Sept. 15 agreed to dismiss a suit and pursue no action other than arbitration in London (CMS Energy Corporation v. Certain Underwriters Subscribed to Political Risk Insurance Policies Numbers 509/DF054599, 509/DF054699, 509/DF054799 and 509/DF054899, No. 07-cv-15279, E.D. Mich.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 1 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Judge: Right To Choose Arbitrator Not Waived By Suing</title>
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<![CDATA[WILLIAMSPORT, Pa. - In granting a group of insurers' motion to compel their reinsurer to arbitrate a dispute over posting of collateral, a federal judge in Pennsylvania on Aug. 15 also held that the reinsurer did not waive its right to pick an arbitrator because it allowed the time period to choose an arbitrator to lapse while pursuing a judicial remedy (Lincoln General Insurance Company v. Clarendon National Insurance Company, et al., No. 08-cv-00583, M.D. Pa.; See 7/3/08, Page 11). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 2 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Party To Reinsurance Agreement Asks Court To Compel Arbitration</title>
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<![CDATA[CHICAGO - In a brief supporting its petition in aid of arbitration, a party to a reinsurance agreement asked the U.S. District Court for the Northern District of Illinois on Sept. 4 to exercise its authority under the Federal Arbitration Act (U.S. Code Section 1, et seq.) to designate and appoint an umpire for an arbitration panel to hear a dispute concerning the reinsurance agreement (Allstate Insurance Company, as successor in interest to Northbrook Excess and Surplus Insurance Company f/k/a Northbrook Insurance Company v. Sentry Insurance A Mutual Company, No. 08-cv-05033, N.D. Ill.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 3 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Reinsurer Says Claims Not About Agreements But About Awards</title>
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<![CDATA[NEW YORK - In a brief in opposition of a pair of insurers' motions to dismiss claims against them, a reinsurer on Sept. 5 notes that although the reinsurance agreements between it and the insurers contain arbitration clauses that require the arbitration of disputes and claims, the complaint in the instant action does not seek to resolve disputes arising under the reinsurance agreements, but disputes relating to the enforcement of arbitration awards (National Indemnity Company v. Stonewall Insurance Company, et al., No. 08-cv-3718, S.D. N.Y.; See 8/1/08, Page 9). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 4 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Follow-The-Settlements Doctrine Applies To Treaty, Judge Rules</title>
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<![CDATA[KANSAS CITY, Mo. - Based upon the four corners of the contract, an excess disability income reinsurance agreement contained an express follow-the-settlements provision, and therefore, a reinsurer may not question the claims handling practices of its reinsured, a Missouri federal judge ruled Aug. 19, granting partial summary judgment in favor of the reinsured (Employers Reinsurance Corp. v. Massachusetts Mutual Life Insurance Co., No. 06-0188-CV-W-FJG, W.D. Mo., Western Div.; 2008 U.S. Dist. LEXIS 63420). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 5 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Insurer Says It Is Not Required To Post Security In Fraud Case</title>
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<![CDATA[BOSTON - An insurer responded to a pair of reinsurers' claim on Aug. 22 that under Massachusetts law the insurer must post security by arguing that the state law is only applicable to insurance contracts executed within Massachusetts and that the agreement at issue was not executed within Massachusetts (Trenwick America Reinsurance Corp. and UNUM Life Insurance Company of America v. IRC Inc., et al., No. 07-12160, D. Mass., See 4/18/08, Page 6). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 6 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Ohio High Court Will Decide Dispute Over Title Underwriting Deal</title>
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<![CDATA[COLUMBUS, Ohio - Three title insurance companies that were parties to failed negotiations to form a national title insurance underwriting business with a reinsurer argue in an Aug. 18 brief submitted to the Ohio Supreme Court that the reinsurer is estopped from relying upon the statute of frauds regarding the reinsurer's alleged misrepresented intent to produce a signed writing (Olympic Holding Co. LLC., et al. v. ACE Capital Title Reinsurance Co., No. 08-0200, Ohio Sup.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 7 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Bermudan Judge: Reinsurer Conspired To Defraud Shareholder</title>
<description>
<![CDATA[HAMILTON, Bermuda - While dismissing all claims against the parent of a group of Guatemalan companies, a judge in Bermuda ruled Sept. 5 that the company's captive reinsurer conspired to defraud one of the company's shareholders and awarded the shareholder $1,954,104.14 plus pre- and post-judgment interest (Lisa S.A. v. Leamington Reinsurance Company LTD, et al., Nos. 1999: No 108 and 2001 No. 79, Bermuda Sup.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 8 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Panel: Agent Did What Was Requested; No Bad Faith</title>
<description>
<![CDATA[SALT LAKE CITY - A captive insurance agent cannot be held liable for breaching the covenant of good faith and fair dealing because he did precisely what a claimant's general manager and chairman of the board requested, the Utah Court of Appeals held Aug. 28, affirming a ruling against the claimant on its suit to recover uncompensated losses for inventory spoiled by an ammonia release caused by an equipment breakdown at its cold storage facility (Asael Farr &amp; Sons Co. v. Truck Insurance Exchange, et al., No. 20070518-CA, Utah App.; 2008 Utah App. LEXIS 306). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 9 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Judge Won't Enjoin Insured From Relitigating Cancellation Dispute</title>
<description>
<![CDATA[NEW ORLEANS - In a case that noted a previous action in which it was found that an insurer's cancellation of a policy when it lost its reinsurance was not a breach of contract, a federal judge in Louisiana on Aug. 29 denied the insurer's motion to enjoin its former insured from relitigating the cancellation issue, holding that the insurer failed to persuasively establish any of the necessary elements for injunctive relief (Republic Insurance Company v. Housing Authority of New Orleans, No. 08-cv-04298, E.D. La.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 10 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
</description>
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<title>Insurer, Reinsurer Say They Don't Owe $1.1 Million</title>
<description>
<![CDATA[CLEVELAND - In a complaint filed Sept. 8, an insurer and its reinsurer claim that they fulfilled all of their obligations under agreements with another insurer that has accused them of owing approximately $1.1 million that they were allegedly overpaid by a third-party insurance administrator (Washington National Insurance Company, Ltd., et al. v. American General Assurance Company, et al., No. 08-cv-02157, N.D. Ohio). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 11 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Judge Issues Default Judgment Against Retrocessional Reinsurer</title>
<description>
<![CDATA[NEW YORK - In ordering a default judgment, a federal judge in New York on Sept. 5 held that the reinsured had established that its retrocessional reinsurer was required to post a security for its share of reserves, liable for damages from past and current billings and for reasonable attorney fees (North Star Reinsurance Corporation v. Harel Insurance Company, f/k/a Zion Insurance Company Limited, No. 08-cv-02380, S.D. N.Y.; See 8/15/08, Page 5). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 12 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Court Upholds Insurer's Liquidation Based On Commissioner's Opinion</title>
<description>
<![CDATA[TRENTON, N.J. - A chancery judge did not err in deferring to the state's insurance commissioner's determination that liquidation of Eagle Insurance Co. was warranted and by not holding a plenary hearing to resolve alleged factual disputes regarding Eagle's status, a New Jersey appeals court found July 31 (In the matter of the rehabilitation of Eagle Insurance Co., No. A-6419-06T3, N.J. Super., App. Div.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 13 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Panel Tosses $241M Restitution Award In Executive Life Suit</title>
<description>
<![CDATA[SAN FRANCISCO - The Ninth Circuit U.S. Court of Appeals on Aug. 25 affirmed an order vacating $700 million in punitive damages awarded to the State of California in connection with the takeover of failed insurer, Executive Life Insurance Co.; however, it overturned the award of $241 million in restitution to the state and remanded the case to determine damages (State of California and Steve Poizner as insurance commissioner of the State of California and as conservator, liquidator and rehabilitator of the estate of Executive Life Insurance Co. v. Altus Finance S.A., et al., No. 06-55297, 9th Cir.; 2008 U.S. App. LEXIS 18151). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 14 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Enstar Acquires Controlling Share In Goshawk</title>
<description>
<![CDATA[LONDON - Enstar Group Ltd., a Bermuda-based runoff company, acquired the majority shares held in failed reinsurer Goshawk Insurance Holdings P.L.C., which underwrites specialist reinsurance products. 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 15 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Former Hannover Re General Counsel Joins DLA Piper</title>
<description>
<![CDATA[NEW YORK - In a Sept. 8 press release, DLA Piper's New York welcomed Klaus H. Kunze as a member of the firm's global financial services practice. Kunze is former general counsel of Hannover Re Group and most recently served as managing director of DEPFA Bank in New York, where he was responsible for all of its worldwide insurance and reinsurance operations. 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 16 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>News From The LexisNexis Insurance Law Center</title>
<description>
<![CDATA[Editor?s Note: The following items of interest appeared recently on the LexisNexis Insurance Law Center. Devoted to insurance litigation and the insurance industry, the Insurance Law Center is where you can connect with other insurance professionals to discuss the hottest issues. Become a regular contributor. Visit the center on the open Web for insurance-related headlines, discussion, expert commentary and more at:? http://law.lexisnexis.com/practiceareas/insurance. 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-10 Mealey's Litig. Rep. Reinsurance 17 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Arbitration Clause Covers Placement Slips, Judge Says</title>
<description>
<![CDATA[JACKSONVILLE, Fla. - In granting a motion to compel arbitration, a federal judge in Florida on Aug. 1 held that the arbitration provision in a reinsurance agreement is broad enough to cover a dispute arising out of four related placement slips (Northbrook Indemnity Company v. First Automotive Services Corporation, N.M, et al., No. 07-cv-00683, M.D. Fla.; 2008 U.S. Dist. LEXIS 61424). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 1 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Insurer Sues Reinsurer Over Arbitration Award; Details Sealed</title>
<description>
<![CDATA[BOSTON - An insurer on Aug. 8 sued its reinsurer, claiming that the reinsurer failed to honor its obligations under a confidential arbitration award (Lyndon Property Insurance Company v. Founders Insurance Company, Ltd., No. 08-cv-11359, D. Mass.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 2 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Retrocessional Reinsurers Sue For Confirmation Of Award</title>
<description>
<![CDATA[DETROIT - A group of retrocessional reinsurers sued their reinsured on Aug. 14, asking the court to confirm an arbitration panel's award, details of which have not been released pending a motion for confidentiality (American Bankers Insurance Company of Florida, et al. v. National Casualty Company, No. 08-cv-13522, E.D. Mich.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 3 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Reinsurer Says Asbestos Claims Were Precluded By 1980s Endorsements</title>
<description>
<![CDATA[CHICAGO - In a reinsurer's Aug. 13 answer and counterclaim to charges made by its reinsured that it breached an agreement by not paying an asbestos-related claim, the reinsurer says it and the reinsured's predecessor had added an endorsement to the agreement back in the 1980s that excluded asbestos coverage (Allstate Insurance Company v. Transatlantic Reinsurance Company, No. 08-cv-04173, N.D. Ill.; See 8/1/08, Page 15). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 4 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Insurer: Declare Reinsurer Obligated For Asbestos Claims</title>
<description>
<![CDATA[NEW YORK - In filing a suit on Aug. 19, an insurer says a reinsurer honored its first $1.3 million billing of an asbestos claims settlement under facultative reinsurance coverage of an excess liability insurance policy written in the 1970s but has since failed to pay subsequent billings (TIG Insurance Company, et al. v. Century Indemnity Company, et al., No 08-cv-07322, S.D. N.Y.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 5 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Judge: Signatories Obligated To Written Agreements</title>
<description>
<![CDATA[TRENTON, N.J. - A federal judge in New Jersey on Aug. 11 granted partial summary judgment to an insurer, enforcing an arbitration order and holding that the signatories of a number of guaranties of a reinsurer's obligations are obligated to their written agreements in spite of allegations that they were told verbally that the agreements would never be enforced (Everest National Insurance Company, et al. v. Robert Sutton, et al., No 07-cv-00722, D. N.J.; 2008 U.S. Dist. LEXIS 6281). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 6 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Justice Denies Stay; Arbitration Will Not Answer Questions</title>
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<![CDATA[NEW YORK - A New York justice recently denied a motion to dismiss and/or stay pending a related arbitration, holding that the arbitration would not answer the pertinent questions of the case and that it is too early to decide whether a reinsurer has demonstrated a likelihood of success on the merits of an injunctive relief claim (Global Reinsurance Corporation ? U.S. Branch f/k/a Gerling Global Reinsurance Corporation ? U.S. Branch against Equitas Ltd., et al., No. 600815/07, N.Y. Sup., New York Co.; 2008 N.Y. Misc. LEXIS 4970; See 8/17/08, Page 14). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 7 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Magistrate Grants Discovery Of Documents Alleged As Privileged</title>
<description>
<![CDATA[NEW YORK - In a $12.3 million asbestos reinsurance claims case brought by AIU Insurance Co., a federal magistrate on Aug. 28 granted in part and denied in part AIU's motion to compel certain documents, holding, among other things, that the discoverable documents were not prepared because of the anticipation of litigation and, therefore, were not protected by the work product doctrine (AIU Insurance Co. v. TIG Insurance Co., No. 07-7052, S.D. N.Y.; 2008 U.S. Dist. LEXIS 66370; See 4/18/08, Page 10). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 8 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Texas Panel: Agreement Unambiguous; Fee Part Of Incurred Loss</title>
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<![CDATA[DALLAS - A Texas appeals panel reversed and remanded a lower court summary judgment in favor of an administrative services company on Aug. 14, holding that a reinsurer is entitled to count a $1.3 million startup fee paid to the administrator as an incurred loss when calculating commissions to be paid to the administrator (Employers Reinsurance Corporation v. American Southwest Insurance Managers, Inc., No. 05-06-01284-CV, Texas App., 5th Dist.; 2008 Tex. App. LEXIS 6211). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 9 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Judge Approves Closure Plan For Liquidation Of Patriot Health Insurance</title>
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<![CDATA[CONCORD, N.H. - A Merrimack County, N.H., Superior Court judge approved the closure plan for the liquidation proceeding of Patriot Health Insurance Co. Inc. on Aug. 6; assets from reinsurance recoveries remain to be collected, the liquidator said (In the matter of the liquidation of Patriot Health Insurance Co. Inc., No. 07-E-0517, N.H. Super., Merrimack Co.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 10 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Indicted Silica Lawyer Claims Government Misdeeds, Seeks Dismissal</title>
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<![CDATA[HOUSTON - Government investigators looking into an indicted attorney's involvement in an alleged silica-related insurance fraud scheme deliberately suppressed exculpatory evidence, asked an insurer to alter the evidence of its prior representations to its reinsurers and prejudiced his constitutional right to a fair trial, the attorney says in an Aug. 6 motion to dismiss the indictment for prosecutorial misconduct (United States v. Warren Todd Hoeffner, et al., No. 4:07cr0263, S.D. Texas). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 11 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>Allstate Agrees To $5 Million Fine, Rate Reduction In Florida</title>
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<![CDATA[TALLAHASSEE, Fla. - After losing an appeal to a suspension of its license to sell new insurance in Florida, an insurer agreed Aug. 5 to pay a $5 million penalty, reduce residential policy rates and cooperate with an investigation regarding the insurer's relationships with reinsurance brokers, reinsurers, trade associations rating organizations and others (Allstate Floridian Insurance Company, et al. v. Office of Insurance Regulation, No. 1D08-0275, Fla. App., 1st Dist.). 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 12 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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<title>News From The LexisNexis Insurance Law Center</title>
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<![CDATA[[Editor's Note: The following items of interest appeared recently on the LexisNexis Insurance Law Center. Devoted to insurance litigation and the insurance industry, the Insurance Law Center is where you can connect with other insurance professionals to discuss the hottest issues. Become a regular contributor. Visit the center on the open Web for insurance-related headlines, discussion, expert commentary and more at: http://law.lexisnexis.com/practiceareas/insurance] 
<a href="http://www.lexis.com/research/xlink?canceldest=form&amp;keyenum=25271&amp;keytnum=0&amp;searchtype=get&amp;search=19-9 Mealey's Litig. Rep. Reinsurance 13 (2008)&amp;view=full&amp;ORIGINATION_CODE=00144" target="_blank">Full story on lexis.com</a>]]>
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