8th Circ. Backs Mass Mutual In ERC Reinsurance Fight

Law360, New York (September 07, 2011, 5:38 PM ET) -- The Eighth Circuit on Wednesday affirmed a ruling that Employers Reinsurance Co. was required under a reinsurance agreement to follow the settlements of Massachusetts Mutual Life Insurance Co., which ERC sued for refusing to return payments on contested disability claims.

The three-judge panel's published opinion amounts to another loss for ERC, which was fighting district court rulings that the reinsurance agreement contained a follow-the-settlements provision, that the reinsurer breached the agreement by halting reimbursements to Mass Mutual in 2006 and that its challenges to six individual...
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