Liquidator Seeks Stay Of Arbitration With Reinsurers Over $150M Hurricane Loss

Mealey's (December 23, 2019, 11:20 AM EST) -- SAN JUAN, Puerto Rico — An insolvent insurer’s liquidator in a Dec. 21 motion asks that a Puerto Rico federal judge alter or amend his ruling to stay arbitration proceedings in a case over $150 million in losses from two hurricanes against its reinsurers until a stay in the insurer’s liquidation order is lifted (Integrand Assurance Co. v. Everest Reinsurance Co., et al., No. 19-01111, D. Puerto Rico)....