Insurer Opposes Reinsurer’s Stay Of Arbitration Ruling Pending Appeal To 3rd Circuit

Mealey's (May 6, 2019, 11:25 AM EDT) -- HARRISBURG, Pa. — Citing irreparable harm and public interest favoring arbitration, an insurer on May 1 argues against a reinsurer’s motion for a stay of a Pennsylvania federal judge’s order compelling arbitration of their reinsurance coverage dispute over lead paint losses arising in the Maryland area in light of the reinsurer’s pending appeal (Pennsylvania National Mutual Casualty Insurance Co. v. Everest Reinsurance Co., No. 18-mc-653 c/w No. 18-mc-656, M.D. Pa.)....