Reinsurers: Liquidator Bound By Arbitration Clauses In $150M Hurricane Loss Case

Mealey's (November 12, 2019, 1:38 PM EST) -- SAN JUAN, Puerto Rico — Reinsurers on Nov. 8 joined an opposition brief arguing to a Puerto Rico federal court that an insurer’s liquidator can be bound to arbitration clauses in the insurer’s reinsurance agreements in a dispute over $150 million in losses from two hurricanes (Integrand Assurance Co. v. Everest Reinsurance Co., et al., No. 19-01111, D. Puerto Rico)....

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