Reinsurer Asks Court To Confirm $82,130.44 Arbitration Award

Mealey's (May 30, 2018, 3:11 PM EDT) -- LOS ANGELES — Based upon a landscape company’s failure to seek an order vacating, modifying or correcting a $82,130.44 arbitration award, a reinsurer argues in a May 23 motion that a California federal court should confirm the award issued in its favor regarding a bad faith claim made against a reinsurance participation agreement (RPA) (Applied Underwriters Captive Risk Assurance Company Inc. v. O’Connell Landscape Maintenance Inc., No. 18-00683, C.D. Calif.)....