May 01, 2020
A Puerto Rico federal judge on Friday sent an insurance company's $150 million suit against eight reinsurers over coverage of payouts from Hurricanes Irma and Maria to arbitration, saying the insurance company's arguments had already been heard and rejected by the court.
January 22, 2020
A group of reinsurers is urging a Puerto Rico federal judge to stick with his decision to send an insolvent insurer's $150 million suit over hurricane damage reinsurance claims to arbitration, saying the insurers' arguments are either old or too late.
December 05, 2019
A Puerto Rican federal judge has overridden an insolvent insurer's attempt to stop a $150 million suit over hurricane damage reinsurance claims from moving to arbitration, saying local liquidation proceedings don't override the arbitration clause in the reinsurance contracts.
August 22, 2019
Reinsurers looking to force arbitration of a $150 million suit over the payment of claims arising from Hurricanes Irma and Maria have said the dispute doesn't belong in a local San Juan court, urging a Puerto Rico federal court to reject a financially troubled insurer's bid to remand.
April 24, 2019
A $150 million reinsurance fight over Puerto Rico's damage from hurricanes Maria and Irma cannot be arbitrated without breaking the island's laws, the Puerto Rican insurer Integrand told a federal court Tuesday.
April 10, 2019
A group of U.K. reinsurers wants to force arbitration of a Puerto Rican insurance company's $150 million suit accusing them of causing "irreparable harm" to Puerto Rico's insurance industry by colluding to delay payment of claims that arose after Hurricanes Irma and Maria battered the island.