Insurer, Reinsurer Tell Court They Have Reached An Agreement In Principle

(July 29, 2016, 9:09 AM EDT) -- BOSTON — OneBeacon American Insurance Co. and Transatlantic Reinsurance Co. jointly told a federal court in Massachusetts on July 28 that they have reached an agreement in principle regarding a reinsurance billing dispute (OneBeacon America Insurance Company v. Transatlantic Reinsurance Company, No. 14-cv-14067, D. Mass.).

(Notice of settlement status available. Document #12-160805-008X.)

OneBeacon America Insurance Co. sued Transatlantic Reinsurance Co. on Nov. 3, 2014, in the U.S. District Court for the District of Massachusetts, bringing claims of breach of contract, unfair or deceptive acts or practices...
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