Reinsurer Appeals Ruling On Liability For $5M Settlement Between Insurer, Steel Maker

Mealey's (March 7, 2018, 2:34 PM EST) -- NEW YORK — Following a liability finding on an insurer’s $5 million settlement with a steel maker, a reinsurer filed a notice of appeal on Feb. 22 to the Second Circuit U.S. Court of Appeals regarding a New York federal judge’s grant of the insurer’s motion to enforce an arbitration award (National Indemnity Co. v. IRB Brasil Resseguros S.A., No. 15-3975, S.D. N.Y.)....