Insurer Seeks Arbitration Of $3.7M Reinsurance Case Over Employee Plans

Mealey's (June 16, 2020, 9:50 AM EDT) -- GRAND RAPIDS, Mich. — An insurer on June 12 asked a Michigan federal court to send to arbitration a reinsurer’s lawsuit seeking damages in excess of $3,707,961 related to the insurer’s alleged improper payments of claims under two employee benefit plans (Alliance Health & Life Insurance Company v. Symetra Life Insurance Company, No. 20-431, W.D. Mich.)....