Judge Grants Petition Requesting Confirmation Of Reinsurance Arbitration Award

(December 11, 2015, 1:31 PM EST) -- BOSTON — A federal judge in Massachusetts on Nov. 20 confirmed an arbitration award issued in an arbitration between an insurer and London-based reinsurer regarding the settlements of three environmental liability claims (Certain Underwriters at Lloyd’s, London v. Transport Insurance Company, No. 15-cv-12313, D. Mass.).

(Final judgment available. Document #12-151218-004R.)

Certain Underwriters at Lloyd’s, London sued Transport Insurance Co. on June 11 in the U.S. District Court for the District of Massachusetts Underwriters, asking the court to confirm an arbitration award.

Lloyd’s explained that a number...
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