April 29, 2016
Berkshire Hathway's National Indemnity Co. urged a New York federal court to enforce an order confirming three arbitration awards in its favor over a $168 million insurance settlement dispute while a Brazilian reinsurer appeals the order to the Second Circuit.
April 25, 2016
A Brazilian reinsurer asked a New York federal court Friday to hold off on enforcing a judgment while it appeals the court's order confirming three arbitration awards in favor of Berkshire Hathaway's National Indemnity Co. over a $168 million insurance settlement dispute.
April 22, 2016
A Brazilian reinsurer is appealing to the Second Circuit a New York federal judge's confirmation of three arbitration awards for Berkshire Hathaway's National Indemnity Co. over a $168 million insurance settlement, one of which nixed NICO's $41 million portion of the bill, according to a Thursday notice.
March 10, 2016
A New York federal judge on Thursday confirmed three arbitration awards for National Indemnity Co. in a dispute with a Brazilian reinsurer over a $168 million insurance settlement, one of which nixed NICO's $41 million portion of the bill, finding a mediator overseeing the proceeding wasn't biased.
January 19, 2016
National Indemnity Co. and a Brazilian reinsurer clashed in New York federal court on whether the umpire chosen to oversee their arbitration of a $168 million insurance settlement was biased and should have withdrawn from the proceedings.