2nd Circuit: Appeal Dismissed Over Arbitration For New Reinsurance Billings

Mealey's (October 29, 2020, 11:47 AM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals on Oct. 15 noted that an appeal was withdrawn over a lower court’s stay of an insurer’s new arbitration of reinsurance billings for asbestos losses because a prior arbitration panel retained jurisdiction to decide the matter (Chicago Insurance Company v. General Reinsurance Corporation, et al., No. 19-3615, 2nd Cir.)....