Nebraska Appeals Panel: Reinsurer Barred From Pursuing 2nd Arbitration

(March 18, 2020, 12:17 PM EDT) -- LINCOLN, Neb. — Issue preclusion and claim preclusion bar a reinsurer from compelling a second attempt to arbitrate its dispute with an insured concerning $2,953,722.20 owed by the insured under a reinsurance participation agreement (RPA) for workers’ compensation insurance, the Nebraska Court of Appeals ruled March 17 (Applied Underwriters Captive Risk Assurance Company, Inc. v. Milan Express Co., Inc., No. A-18-570, Neb. App., 2020 Neb. App. LEXIS 79)....

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