K. Renee Schimkat

K. Renee Schimkat

Carlton Fields Jorden Burt

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Fifth Circuit Holds Order Remanding Case Back To Arbitrators For Clarification Is Non-Final And Non-Appealable

The appeal arose from a lawsuit to clarify an arbitration award concerning an alleged breach of a corporate merger agreement containing a binding arbitration clause. The federal district court found the arbitration panel had...more

8/19/2014 - Arbitration Breach of Contract Mandatory Arbitration Clauses Mergers Reinsurance Remand

Arbitration Award Roundup

Mohammad Z. Alim v. KBR, Inc., Case No. 13-11094 (5th Cir. June 5, 2014) (affirming district court’s denial of motion to vacate arbitration award, finding plaintiff had waived his partiality argument by failing to raise the...more

7/31/2014 - Arbitration Arbitration Awards

Travelers Indemnity Settles Reinsurance Disputes With Excalibur

In two related cases, Travelers has settled its claims against Excalibur Reinsurance. A number of prior posts have addressed the substance of the parties’ disputes – for example, discovery issues (sealing portions of...more

7/31/2014 - Discovery Insurers Reinsurance Rules of Civil Procedure Settlement Travelers

Arbitrators, Not Courts, To Decide Availability Of Class Arbitration Under Parties’ Agreement

A federal court in New York has held that arbitrators, not courts, should decide whether class arbitration is available under an arbitration agreement entered into between private parties. The court had previously compelled...more

7/10/2014 - Antitrust Litigation Arbitration Agreements Arbitrators Class Arbitration

California Supreme Court Upholds Validity Of Class Action Waivers In Employment Arbitration Agreements; Prohibits Waivers For...

The California Supreme Court has upheld the validity of class action waivers in employment arbitration agreements, reversing its prior rule that California courts could refuse to enforce such waivers on grounds of public...more

7/7/2014 - Arbitration Arbitration Agreements Class Action Class Action Arbitration Waivers Class Certification Iskanian PAGA Trucking Industry

Vermont Amends Law Governing Credit For Reinsurance

Vermont has amended its law governing how ceding insurers take credit for reinsurance within the state. The law, in part, implements new eligibility requirements for assuming insurers to be accredited reinsurers and requires...more

6/11/2014 - Accreditation Reinsurance Risk Management

Court Awards $5.6 Million In Damages For Covered Claims Under Retrocession Agreements

A federal district court has awarded Munich Re $5.6 million in damages in its breach of contract action against American National Insurance Company for ANICO’s nonpayment of certain claims the court previously determined were...more

6/9/2014 - Breach of Contract Damages Retrocessional Claims

Connecticut Amends Law Concerning Captive Insurers

Connecticut has amended its law concerning captive insurers doing business in the state to include, in part, a new provision on how foreign captive insurers can become Connecticut domestic companies and revisions on how...more

5/30/2014 - Captive Insurance Company Reinsurance Risk Assessment Risk Management

Court Amends Opinion And Order To Add Payable Claim Under Retrocession Agreements

A federal district court has amended its opinion and order that held in favor of cedent Munich Re on its breach of contract action against American National Insurance Company to add a covered insurance claim to the list of...more

5/29/2014 - Covered Recipients Insurers Retrocessional Claims

Court Compels Arbitration Of Coverage Issue In Underinsured Motor Vehicle Policy

A federal district court has compelled arbitration of a coverage issue arising out of an Underinsured Motor Vehicle Coverage (UIM) policy issued by Farm Bureau Property & Casualty Insurance Company. ...more

4/17/2014 - Arbitration Car Accident Uninsured and Under-Insured Motorists

Arbitration Clause In Agreement Between Insured And Reinsurer Held Invalid Under Nebraska Law

A federal district court has held an arbitration clause in a Reinsurance Participation Agreement (RPA) between an insured and a reinsurer invalid and unenforceable under governing state law. The RPA complemented a standing...more

4/15/2014 - Insurance Contracts Mandatory Arbitration Clauses Void and Unenforceable

Is It Time To Include Mandatory Arbitration Clauses In All Reinsurance Policies? Mandatory Clauses Could Avoid Unnecessary Future...

Recent reports on the continued easing of collateral requirements for non-US reinsurers that operate in the US, raise the question: with the anticipated, increased presence of non-US reinsurers state-side, will more...more

3/20/2014 - Arbitration Arbitration Agreements Mandatory Arbitration Clauses Reinsurance

Court Affirms Parties’ Waiver Of Right To Compel Arbitration

A federal court of appeals has affirmed a district court’s decision that parties to a pending lawsuit waived their right to compel arbitration by waiting 11 months after that lawsuit was filed to invoke their right. Instead...more

3/19/2014 - Arbitration Motion to Compel Prejudice Waivers

Supreme Court Holds That Arbitrators, Not Courts, Are To Interpret A Treaty’s Arbitration Prerequisite

The United States Supreme Court has held that arbitrators, not courts, bear the primary responsibility for interpreting and applying a local litigation requirement of an investment treaty between the United Kingdom and...more

3/17/2014 - Arbitration Arbitrators BG Group v Republic of Argentina Bilateral Investment Treaties Jurisdiction SCOTUS UK

Reinsurer’s Petition To Compel Arbitration Stayed Where Cedent Claims Issue Is Already Pending In State Court

A federal district court has stayed a case where Nationwide Mutual Insurance Company petitioned to compel arbitration of a dispute that its cedent Liberty Mutual Insurance Company claims was already adjudicated by an...more

3/13/2014 - Arbitration Arbitration Agreements Liberty Mutual Insurance Company Nationwide Insurance Co. Reinsurance

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