Reinsurer Seeks Arbitration, Dismissal Or Stay Of Insurer’s Breach Of Contract Case

Mealey's (May 17, 2019, 1:44 PM EDT) -- RIVERSIDE, Calif. — A reinsurer in a May 15 motion asks a California federal court to order arbitration, dismissal or a stay of an insurer’s breach of contract dispute concerning reimbursement of $8.6 million for payment of equipment breakdown claims (Nationwide Agribusiness Insurance Co. v. The Hartford Steam Boiler Inspection and Insurance Co., No. 19-00531, C.D. Calif.)....