Commutation Agreements

News & Analysis as of

Commutation, Settlement, And Release Agreement Of Legion Insurance Company (In Liquidation) Filed Under Seal And Approved

A Pennsylvania Court has approved the commutation, settlement and release agreement between Legion Insurance Company (In Liquidation) and Midwest Employers Casualty Company. Legion was judicially determined insolvent in 2003,...more

New Commutation Guidance Presents Opportunities For Relief

A petition for commutation (reduction) of sentence represents a possible — though difficult — avenue for relief for individuals convicted of crimes who have exhausted their opportunities for appellate remedies. Recent...more

Reinsurance Newsletter - September 2013: Pennsylvania Federal Court Confirms Arbitration Award On Second Try

Platinum Underwriters Bermuda Ltd. v. Excalibur Reinsurance Corp., No. 12-70, 2013 U.S. Dist. LEXIS 98671 (E.D. Pa. Jul. 15, 2013). A Pennsylvania federal court has had a second chance to review an arbitration award...more

Patton Boggs Reinsurance Newsletter - March 2013: A Brief Review of Reinsurance Trends in 2012: Contractual Interpretation

From ambiguities in contractual provisions to waivers of rights, 2012 was a year rich with court decisions interpreting reinsurance contract provisions. At least four courts relied, in part, upon extrinsic evidence in...more

Patton Boggs Reinsurance Newsletter - December 2012: Connecticut Appellate Court Rules That a Commutation Agreement Terminated...

Trenwick Am. Reinsurance Corp. v. W.R. Berkley Corp., 54 A.3d 209 (Conn. App. Ct. 2012). A Connecticut appellate court affirmed a trial court judgment holding that an agreement between the reinsurer and the cedent...more

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