Insurer Sues Reinsurer For Interest Owed Due To Allegedly Late Payments

Mealey's (January 7, 2016, 7:20 AM EST) -- LOS ANGELES — An insurer/reinsurer sued its reinsurer on Dec. 23 in a federal court in California, claiming that its reinsurer owes it interest for late payments of certain reinsurance billings (Transport Insurance Company v. Associated International Insurance Company, No. 15-cv-09868, C.D. Calif.)....