Reinsurer’s Agent Asks Court To Send Insurer’s Fraud Suit To Arbitration

Mealey's (March 20, 2020, 1:57 PM EDT) -- BOSTON — A reinsurer’s managing general underwriter requested March 19 that a Cayman Islands captive insurer’s lawsuit over the binding of a medical stop loss excess reinsurance contract should be sent by a Massachusetts federal court to arbitration because the insurer is already arbitrating its related dispute with the reinsurer and that, alternatively, the suit should be dismissed or stayed (Wellforce Indemnity Company Ltd. v. Starline USA, LLC, No. 20-10173, D. Mass.)....