Reinsurer Counters Motion To Vacate Arbitration Award

Mealey's (September 23, 2016, 1:32 PM EDT) -- NEW YORK — A reinsurer told a federal court in New York on Sept. 22 that an arbitration award should be confirmed because a reinsured has not shown that an arbitration umpire was biased (Yosemite Insurance Company v. Nationwide Insurance Company, No. 16-cv-05290, S.D. N.Y.).

(Reply in further support of cross-petition to confirm arbitration award available. Document #12-161007-008B.)

Yosemite Insurance Co. sued Nationwide Insurance Co. on June 6 in the New York County Supreme Court, petitioning to vacate an arbitration award. Nationwide removed the suit on...
To view the full article, register now.