A group of prominent reinsurance attorneys has recently formed the Massachusetts Reinsurance Bar Association. (Reinsurance is purchased by insurers against the risk that they have to pay more than a chosen amount on policies they issue.) President Bill Erickson of Robins Kaplan Miller & Ciresi invited me to their meeting this week. The meeting included a very interesting discussion led by Jim Harrington, also of Robins Kaplan Miller & Ciresi, about the unique issues faced by reinsurance litigants in the arbitration process, and the pros and cons of early mediation.
MReba is planning a symposium in the fall. Stay tuned.