Reinsurance Executives Ask For $50M RICO Suit To Be Sent To Arbitration

Mealey's (June 19, 2017, 1:37 PM EDT) -- NEW YORK — Three reinsurance executives on June 15 requested that a New York federal court send a $50 million Racketeer Influenced and Corrupt Organizations Act case against them to arbitration, arguing that the arbitration clause in the reinsurance agreement applies to them as well as their company (Bankers Conseco Life Insurance Co. and Washington National Life Insurance Co. v. Moshe M. Feuer, et al., No. 16-7646, S.D. N.Y.)....