Insurance Servicer Says Court Lacks Say Over Reinsurance Arbitration Award Case
(September 20, 2016, 9:48 AM EDT) -- NEW YORK — An insurance services company sued for allegedly not honoring a reinsurance arbitration award told a federal court in New York on Sept. 19 that the court does not hold jurisdiction over the dispute (AmTrust North America, Inc. and Technology Insurance Company, Inc., as judgment creditors of Pacific Re, Inc. on behalf of its protected cell Pac Re 5-AT v. Safebuilt Insurance Services Inc., No. 16-cv-06033, S.D. N.Y.).
(Reply available. Document #12-161007-003B.)
AmTrust North America Inc. and Technology Insurance Co. Inc. (TIC), as judgment...