Legal Opinion

American Re-Insurance Co. v. INSURANCE COM'N, ETC.

District Court, C.D. California

Decided August 7, 1981No. CV 78-4069-WMBPublishedCited by 20 opinions

1Opinion of the Court

WM. MATTHEW BYRNE, Jr., District Judge.

This action arises out of the insolvency of the Signal Insurance Company (“Signal”), and the Imperial Insurance Company (“Imperial”), (collectively, “Signal/Imperial”). Plaintiff American Re-Insurance Company (“American”) entered into reinsurance and retrocession agreements with Signal/Imperial, which obligate American to indemnify Signal/Imperial for a certain portion of losses on insurance policies written by these companies. Following the insolvency of Signal/Imperial, various parties have made conflicting demands for direct payment of proceeds due…

2Cases cited25 opinions

  1. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  2. United States v. South-Eastern Underwriters Assn.Supreme Court of the United States · 1944
  3. Fed. Sec. L. Rep. P 95,494 Great Western Bank & Trust v. Sol KotzCourt of Appeals for the Ninth Circuit · 1976
  4. Fed. Sec. L. Rep. P 98,000 Ora E. Gaines v. D. J. Haughton, Lois A. And James Fitzpatrick v. D. J. HaughtonCourt of Appeals for the Ninth Circuit · 1981
  5. Hale v. BohannonCalifornia Supreme Court · 1952

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3Cited by20 opinions

  1. Lipton v. Superior CourtCalifornia Court of Appeal · 1996
  2. Prudential Reinsurance Co. v. Superior CourtCalifornia Supreme Court · 1992
  3. Ascherman v. General Reinsurance Corp.California Court of Appeal · 1986
  4. Catholic Mutual Relief Society v. Superior CourtCalifornia Supreme Court · 2007
  5. Rhone-Poulenc Rorer Inc. v. Home Indemnity Co.District Court, E.D. Pennsylvania · 1991

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