New Cases For the Week of May 18, 2009 - May 22, 2009

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May 19, 2009

Case

Court

Holding

In re Acceptance Insurance Comp.
(DBN Subscription Required)
8th Cir. Where a bankrupt insurer entered into a a five-year contract for a maximum $40 million reinsurance risk that did not provide for annual renewals or for an early termination, the insurer owed the reinsurance premiums for years during which the insurer wrote no insurance covered by the reinsurance policy.
     

 

 

 

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