Reinsurance Newsletter - September 2014

    View Author September 2014
    In This Issue
    • Recent Case Summaries
      • Second Circuit Affirms Reinsurer’s Late Notice Defense Under Illinois Law
        AIU Ins. Co. v. TIG Ins. Co., No. 13-1580-cv, 2014 U.S. App. LEXIS 16513 (2d Cir. Aug. 27, 2014) (Summary Order – No Precedential Effect).
      • Federal Court Denies Reinsurer’s Request to Force a Third-Party to Join Arbitration
        Transatlantic Reins. Co. v. Nat’l Indemn. Co, No. 14 C 1535, 2014 U.S. Dist. LEXIS 85533 (N.D. Ill. Jun. 24, 2014).
      • New York Federal Court Denies Petition to Appoint Umpire
        Odyssey Reins. Co. v. Certain Underwriters at Lloyd’s London, No. 13 Civ. 9014 (PAC), 2014 U.S. Dist. LEXIS 96356 (S.D.N.Y. Jun. 30, 2014).
      • Missouri Federal Court Denies Motion for Reconsideration of Order Quashing Subpoena to Umpire Seeking Release of Arbitration Award
        Jo Ann Howard & Assocs., P.C. v. Cassity, No. 4:09CV01252 ERW, 2014 U.S. Dist. LEXIS 95896 (E.D. Mo. July 15, 2014).
      • Cedent Denied Leave to Appeal Ruling on Who Decides Statute of Limitations
        ROM Reins. Mgmt. Co., Inc., v. Continental Ins. Co., No. M-1783 (App. Div. 1st Dep’t Jul. 24, 2014).
      • New York Federal Court Caps Payments for Combined Loss and Expenses at Reinsurance Accepted Limits
        Global Reins. Corp. of Am. v. Century Indemn. Co., No. 13 Civ. 06577 (LGS) 2014 U.S. Dist. LEXIS 113793 (S.D.N.Y. August 15, 2014).
      • New York State Motion Court Denies Reargument or Renewal of Motion to Dismiss Affirmative Defenses Based on Cedents’ Loss Portfolio Transfer
        Granite State Ins. Co. v. Transatlantic Reins. Co., No. 652506-2012, 2014 N.Y. Misc. LEXIS 2686 (N.Y. Sup. Ct. N.Y. Co. Jun. 18, 2014).
      • New York Federal Court Grants Motion for Summary Judgment on Breach of Guarantee of Payment for Debts Owed under Reinsurance and Retrocession Agreements
        Greenlight Reins., Ltd. v. Appalachian Underwriters, Inc., No. 1:12-cv-8544-JPO-GWG, 2014 U.S. Dist. LEXIS 102779 (S.D.N.Y. Jul. 28, 2014).
      • Eleventh Circuit Reverses Dismissal of Cedent’s Complaint Against Reinsurer for Failure to Cover Underlying Defense Fees
        Public Risk Mgmt. of Fla. v. One Beacon Ins. Co., No. 13-15254, 2014 U.S. App. LEXIS 11825 (11th Cir. Jun. 24, 2014).
      • Captive Reinsurance Affiliate Prevails Because the Claim Was Time-Barred
        Hill v. Flagstar Bank, No. 12-2770, 2014 U.S. Dist. LEXIS 86889 (E.D. Pa. Jun. 26, 2014).
      • Iowa Federal Court Compels Production of Reinsurance Communications
        Progressive Cas. Ins. Co. v. FDIC, No. C12-4041-MWB, 2014 U.S. Dist. LEXIS 116909 (N.D. Iowa Aug. 22, 2014).
      • Minnesota Federal Court Upholds Order to Produce Reinsurer Communications
        Nat’l Union Fire Ins. Co. v. Donaldson Co., No. 10-4948 (JRT/JJG), 2014 U.S. Dist. LEXIS 85621 (D. Minn. Jun. 24, 2014).
    • Recent Speeches and Publications