Insurer’s Liquidator Asks For Stay Of Arbitration In $150M Case With Reinsurers

Mealey's (June 11, 2020, 2:17 PM EDT) -- BOSTON — An insurer’s liquidator argues to the First Circuit U.S. Court of Appeals that the McCarran Ferguson Act reverse-preempts the Federal Arbitration Act (FAA) in a June 8 reply brief in support of staying arbitration with a group of reinsurers in their $150 million hurricane loss dispute (Integrand Assurance Co. v. Everest Reinsurance Co., et al., No. 20-1534, 1st Cir.)....