Judge Confirms Previously Paid $1.2 Million Reinsurance Arbitration Award

(March 29, 2016, 10:00 AM EDT) -- NEW YORK — A federal judge in New York on March 24 granted a reinsured’s petition to confirm a $1.2 million asbestos-related reinsurance arbitration award that had already been paid (National Casualty Company v. Resolute Reinsurance Company, No. 15-cv-09440, S.D. N.Y.; 2016 U.S. Dist. LEXIS 38797).

(Opinion available. Document #12-160401-012Z.)

National Casualty Co. sued Resolute Reinsurance Co. in the U.S. District Court for the Southern District of New York on Nov. 24, 2015. The case was ordered sealed on Nov. 25 by Judge Victor Marreo, and,...
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