In Certain Underwriters at Lloyd’s, London v. Century Indemnity Co., an arbitration panel upheld the reinsurers’ denial of certain claims. The ceding company later submitted the same claims using a different methodology and demanded arbitration when the reinsurers refused to pay. The reinsurers asserted claim preclusion. The U.S. District Court for the District of Massachusetts disagreed.
November 24, 2020 Articles
A Second Arbitration for Claims Already Denied?
When a party asserted claim preclusion of reasserted claims that were based on a different methodology, a federal district court disagreed.
By Sheila J. Carpenter
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