EMPLOYERS INS. OF WAUSAU v. BANCO SEGUROS DEL ESTADO

No. 98-C-0521-C.

34 F.Supp.2d 1115 (1999)

EMPLOYERS INSURANCE OF WAUSAU, A Mutual Company, Petitioner, v. BANCO SEGUROS DEL ESTADO, Respondent.

United States District Court, E.D. Wisconsin.

January 5, 1999.


Attorney(s) appearing for the Case

Jeffrey Kassel, Lafollette & Sinykin, Madison, WI, for Petitioner.

James A. Higgins, Attorney at Law, Wausau, WI, for Respondent.


OPINION AND ORDER

CRABB, District Judge.

This case involves a dispute over reinsurance "treaties" petitioner Employers Insurance of Wausau acquired at Lloyd's of London. The treaties obligated the underwriters (or Retrocessionaires) to reimburse petitioner for certain types of claims made upon it. The Retrocessionaires denied that they were bound under the treaties to reimburse petitioner for certain asbestos-related losses. To settle the dispute, petitioner...

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