Receivers Of Judgment Confirming Arbitration Award Ask To Be Paid

(August 17, 2016, 7:21 AM EDT) -- NEW YORK — Two reinsurance program participants that received a judgment confirming a reinsurance arbitration award sued a captive reinsurer in a federal court in New York on July 28, asking the court to order the captive reinsurer to honor the court’s earlier judgment (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.).

(Petition available. Document #12-160819-010X.)

AmTrust North America Inc....
To view the full article, register now.