Reinsurer: Insurer Waived Right To Arbitrate $1.3M Suit By Invoking Litigation

Mealey's (August 3, 2017, 10:25 AM EDT) -- MONTGOMERY, Ala. — A nonprofit public insurer waived its right to arbitrate its $1.3 million lawsuit under a reinsurance agreement because it invoked the litigation process, a reinsurer argues in an Aug. 1 reply in Alabama federal court, saying it would be prejudiced (Alabama Municipal Insurance Corp. v. Munich Reinsurance America Inc., No. 16-cv-00948, M.D. Ala.)....