ARIO v. SWISS REINSURANCE AMERICA CORP.


940 A.2d 552 (2007)

Joel S. ARIO, Insurance Commissioner of the Commonwealth of Pennsylvania, Petitioner v. SWISS REINSURANCE AMERICA CORPORATION and Tribunq Company, Respondents. In re Swiss Reinsurance America Corporation and Tribune Company Objections to the decision of Referee Nigro.

Commonwealth Court of Pennsylvania.

Publication Ordered December 28, 2007.


Attorney(s) appearing for the Case

Deborah Cohen and Joann Hyle, Philadelphia, for petitioner.

David Briganti, Paul A. Briganti, and Christine G. Russell, Philadelphia; and Ellen G. Robinson and John H. Wickert, Chicago, IL, for respondent, Swiss Reinsurance America Corporation.

Richard McMenamin and James E. Del-Bello, Philadelphia; and John D. Shugrue, Chicago, IL; and Jason B. Komorsky, Los Angeles, CA, for respondent, Tribune Company.


OPINION and ORDER

Before this Court are the objections of Joel S. Ario, Commissioner, Pennsylvania Department of Insurance, acting in his capacity as Liquidator Reliance Insurance Company (Liquidator)1 to the decision of Referee Russell M. Nigro granting summary judgment in favor of Tribune Company with respect to the loss portfolio transfers (LPT), and granting summary judgment in favor of the Liquidator with respect to the guaranteed...

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