Insurers Oppose Arbitration Of $50M RICO Suit Against Reinsurance Executives

Mealey's (July 31, 2017, 10:33 AM EDT) -- NEW YORK — Insurers argue in a brief filed July 24 in a New York federal court that they should not be coerced by three reinsurance executives to send a $50 million Racketeer Influenced and Corrupt Organizations Act case to arbitration because the executives are not parties to a reinsurance agreement (Bankers Conseco Life Insurance Co., et al. v. Moshe M. Feuer, et al., No. 16-7646, S.D. N.Y.)....