Reinsurer: Right To Arbitrate Was Waived In Breach Of Contract Case

Mealey's (May 20, 2019, 9:56 AM EDT) -- OMAHA, Neb. — In a breach of contract dispute, a reinsurer and its subsidiaries, which are part of workers’ compensation program involving a reinsurance participation agreement (RPA), argue in a May 15 filing in Nebraska federal court that investment companies waived their right to arbitrate claims and that the reinsurer and subsidiaries have no duty to arbitrate (Applied Underwriters Captive Risk Assurance Company Inc. v. Ramesh Pitamber & Kusum Pitamber, et al., No. 17-61, D. Neb.)....