Reinsurers Oppose Insurer’s Rehabilitator’s Request To Remand $150M Dispute

Mealey's (August 26, 2019, 2:25 PM EDT) -- SAN JUAN, Puerto Rico — Reinsurers in two Aug. 21 filings argue that a federal judge in Puerto Rico should reject an insurer’s rehabilitator’s attempt to remand a case over $150 million in losses from two hurricanes to the insurer’s rehabilitation proceeding and, instead, send the matter to arbitration (Integrand Assurance Co. v. Everest Reinsurance Co., et al., No. 19-01111, D. Puerto Rico)....