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LLR: Insurance & Reinsurance

RECYCLERS INSURANCE GROUP LTD V INSURANCE COMPANY OF NORTH AMERICA

(1993) 2 Re LR 302

United States District Court E D Pennsylvania

Before District Judge O’Neill

Arbitration - Authority of arbitrator - Security - Reinsurance agreement providing for collateral to secure reinsurer’s obligations - Disputes referred to arbitration - Interim award that reinsurer should pay deposit into escrow account - Whether arbitrators had authority to order posting of collateral.

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