Reinsured Says Reinsurer Should Return Money Paid Under Now-Vacated Award

Mealey's (November 14, 2016, 10:48 AM EST) -- DETROIT — A group of insurers asked a federal court in Michigan on Oct. 17 to order a reinsurer to return more than $3.5 million that was paid in accordance with an arbitration award that a federal appeals court has ordered to be vacated (Star Insurance Company, et al. v. National Union Fire Insurance Company of Pittsburgh, PA, No. 14-cv-12915, E.D. Mich.)....