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MTA Says Reinsurer Is Wasting Money Fighting London Arb

By Jack Newsham (January 15, 2016, 4:26 PM EST) -- The Metropolitan Transit Authority's in-house insurance company blasted one of its reinsurers in New York federal court Thursday, saying the reinsurer's attorneys are wasting money and cluttering up the docket with redundant briefs in their effort to make it arbitrate a $20 million insurance claim in New York....

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