Reinsured Says It Does Not Object To Confirmation Of Arbitration Awards
(September 21, 2015, 10:51 AM EDT) -- BOSTON — An insurance company on Sept. 11 told a federal court in Massachusetts that it has no objection to the confirmation of a pair arbitration awards concerning environmental losses allegedly covered by a group of London market reinsurers (Certain Underwriters at Lloyd’s, London v. Transport Insurance Company, No. 15-cv-12313, D. Mass.).
(Redacted brief response to petition to confirm arbitration award available. Document #12-151002-003B.)
Certain Underwriters at Lloyd’s, London (Underwriters) sued Transport Insurance Co. in the U.S. District Court for the District of Massachusetts on June...