Insurer Does Not Oppose Reinsurers’ Petition To Confirm Arbitration Award

Mealey's (November 13, 2018, 12:28 PM EST) -- BOSTON — Because the impact of an arbitration award on any reinsurance billings arising from sexual molestation claims against Boy Scouts of America (BSA) is not at issue, an insurer told a Massachusetts federal court on Nov. 9 that it does not oppose confirmation of the award (Certain Underwriters at Lloyd’s London v. Century Indemnity Co., No. 18-12041, D. Mass.)....

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