Legal Opinion
PMA Capital Insurance v. Platinum Underwriters Bermuda, Ltd.
District Court, E.D. Pennsylvania
Decided September 17, 2009No. Misc. 09-84PublishedCited by 11 opinions
1Opinion of the Court
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 company with its principal place of business outside the United States. (Id. at 2; Doc. No. 9 at 2.) In 2003, PMA and Platinum entered into a reinsurance contract. PMA (the…
2Cases cited12 opinions
- Manuel KAPLAN; Carol Kaplan; MK Investments, Inc., Appellants, v. FIRST OPTIONS OF CHICAGO, INC., AppelleeCourt of Appeals for the First Circuit · 1994
- Banco De Seguros Del Estado v. Mutual Marine Office, Inc. And Mt. McKinley Insurance Company, as Successor of the Gibraltar Casualty CompanyCourt of Appeals for the Second Circuit · 2003
- In the Matter of the New York Stock Exchange Arbitration Between, Fahnestock & Co., Inc., Cross-Appellee v. Joseph J. Waltman, Cross-AppellantCourt of Appeals for the Second Circuit · 1991
- Courier-Citizen Company v. Boston Electrotypers Union No. 11, International Printing & Graphic Communications Union of North AmericaCourt of Appeals for the First Circuit · 1983
- Swift Industries, Inc., in No. 71-1420 v. Botany Industries, Inc., in No. 71-1421Court of Appeals for the Third Circuit · 1972
7 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Scandinavian Reinsurance Co. v. Saint Paul Fire and Marine Ins. Co.Court of Appeals for the Second Circuit · 2012
- Harper Insurance v. Century Indemnity Co.District Court, S.D. New York · 2011
- Mesa Power Group, LLC v. Government of CanadaDistrict Court, District of Columbia · 2017
- Scandinavian Reinsurance Co. v. St. Paul Fire & Marine InsuranceDistrict Court, S.D. New York · 2010
- TiVo Inc. v. GoldwasserCourt of Appeals for the Second Circuit · 2014
6 more not listed; retrieve them via the Exa API.