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Reinsurer Says $20M Sandy Coverage Row Belongs In NY

By Matt Sharp (December 4, 2015, 4:13 PM EST) -- A Swiss reinsurer said Thursday that the Metropolitan Transit Authority's insurance branch cannot force arbitration in London nor appoint a commercial litigator as arbitrator in a $20 million spat over coverage for Superstorm Sandy damage, arguing that the requests are contrary to its reinsurance certificate....

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