Employers Insurance v. El Banco Seguros

In the United States Court of Appeals For the Seventh Circuit No. 99-1304 Employers Insurance of Wausau, Plaintiff-Appellee, v. Banco De Seguros Del Estado, Defendant-Appellant. Appeal from the United States District Court for the Western District of Wisconsin. No. 98 C 521--Barbara B. Crabb, Judge. Argued September 13, 1999--Decided December 15, 1999 Before Posner, Chief Judge, and Cudahy and Kanne, Circuit Judges. Kanne, Circuit Judge. Banco De Seguros Del Estado ("Banco") was a member of a Lloyd’s, London syndicate that reinsured several insurance policies underwritten by Employers…