Company Alleging Ownership Of Insurer Moves To Intervene In Reinsurance Dispute
Mealey's (July 26, 2016, 10:27 AM EDT) -- NEW YORK — A company claiming to be the owner of an insurer being sued by Certain Underwriting Members at Lloyd’s, London over an arbitration award moved to intervene in the proceedings in a federal court in New York on July 22 (Certain Underwriting Members at Lloyd’s, London Subscribing to Treaty No. 0272/04 v. Insurance Company of the Americas, No. 16-cv-00323, S.D. N.Y.).
(Petition to intervene available. Document #12-160805-005X.)
Certain Underwriting Members at Lloyd’s, London sued Insurance Company of the Americas (ICA) on Jan. 15 in...