Amerisure Mutual Insurance v. Everest Reinsurance Co.

OPINION AND ORDER GRANTING MOVANTS MOTION TO CONFIRM ARBITRATION AWARD (ECF #2) AND DENYING RESPONDENTS MOTION TO VACATE ARBITRATION AWARD (ECF #23)

MATTHEW F. LEITMAN, District Judge.

INTRODUCTION

This is a reinsurance coverage dispute between Movant Amerisure Mutual Insurance Company (“Amerisure”), and its rein-surer, Respondent Everest Reinsurance Company (“Everest”). After a nine-day, highly-contentious arbitration hearing, an arbitration panel awarded Amerisure over $14 million. Amerisure now moves to confirm the arbitration award (see ECF # 2); Everest moves to vacate it. (See ECF # 23.)…