Breach Of Reinsurance Agreement Is Not Subject To Arbitration, Insurer Says

(March 16, 2020, 12:53 PM EDT) -- NEW YORK — A Bermuda insurer in a March 13 complaint seeks a declaration from a New York federal court that a Puerto Rico insurer’s dispute over an alleged breach of a coinsurance reinsurance agreement should not be sent to arbitration but rather should be pursued in a New York court (PB Life and Annuity Co. Ltd. v. Universal Life Insurance Co., No. 20-02284, S.D. N.Y.)....

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