Parties To Reinsurance Ask Court To Order Return Of $3.4M After Awards Vacated

Mealey's (October 20, 2016, 7:16 AM EDT) -- DETROIT — A group of parties to a reinsurance treaty on Oct. 3 asked a federal court in Michigan to order another party to the treaty to honor an appeals court judgment vacating certain arbitration awards and order the party to return $3.4 million paid prior to the awards being vacated (Star Insurance Company, et al. v. National Union Fire Insurance Company of Pittsburgh, PA, No. 14-cv-12915, E.D. Mich.)....

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