Reinsurers: No Exclusive Jurisdiction Exists To Hear Breach Of Contract Case

Mealey's (May 14, 2019, 10:12 AM EDT) -- CONCORD, N.H. — Reinsurers argue in a May 10 reply brief that a New Hampshire federal court does not have exclusive jurisdiction under the Foreign Sovereign Immunities Act (FSIA) to decide a breach of contract dispute over $22 million in outstanding reinsurance billings (United States Fire Insurance Co., et al. v. Equitas Insurance Ltd., et al., No. 18-01205, D. N.H.)....