PMA CAPITAL INS. v. PLATINUM UNDERWRITERS BERMUDA

Misc. No. 09-84.

659 F.Supp.2d 631 (2009)

PMA CAPITAL INSURANCE CO., et al., Petitioners, v. PLATINUM UNDERWRITERS BERMUDA, LTD., Respondent.

United States District Court, E.D. Pennsylvania.

September 17, 2009.


Attorney(s) appearing for the Case

David J. Creagan, Justin K. Fortescue, White & Williams LLP, Philadelphia, PA, for Petitioners.

Joseph M. Donley, Thorp Reed & Armstrong LLP, Philadelphia, PA, for Respondent.


MEMORANDUM

DIAMOND, District Judge.

PMA Capital Insurance Co. asks me to vacate or modify an arbitration award in this reinsurance dispute with Platinum Underwriters Bermuda. I will vacate the award because it is not rational.

I. BACKGROUND

A. The Parties' 2003 Reinsurance Agreement

PMA is a Pennsylvania insurance company with its principal place of business in Philadelphia. (Doc. No. 19 at 1.) Platinum is a Bermuda reinsurance...

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