Arbitration Provision In Reinsurance Agreement Is Not Enforceable, Insurer Says

Mealey's (June 2, 2021, 1:44 PM EDT) -- DETROIT — A health and life insurer seeking indemnity for more than $950,000 under a medical excess reinsurance agreement contends in a May 27 opposition to a reinsurer’s motion to dismiss and motion to stay discovery that the motion to dismiss should be denied as the reinsurance agreement’s arbitration provision cannot be enforced and that the motion to stay discovery is futile as the reinsurer cannot succeed on its motion to dismiss....