Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / response-to-pre-suit-demand-letter.docx
response-to-pre-suit-demand-letter.docx
Parties
HARKNESS LLP
Calloway LLP
Pinnacle Atlantic Reinsurance Ltd
Quorum Insurance Holdings Corp
Broadreach Intermediaries Inc
Meridian Docks Development LLC
Velthorn Actuarial Advisors LLC
Veridian Financial Services Inc
Dates
March 18, 2026
February 14, 2026
July 1, 2019
June 30, 2024
June 30, 2025
June 30, 2026
October 1, 2025
July 1, 2022
June 30, 2023
July 1, 2023
Amounts
$78,400,000
$12,600,000
$91,000,000
$120,000,000
$200,000,000
$320,000,000
$69,700,000
$8,700,000
$1,000,000
$75,000
Obligations
2d 576, 581 (1992) (holding that a reinsurer must demonstrate prejudice to disclaim coverage based on late notice); see also Christiania Gen
Article 11 of the Treaty expressly incorporates the follow-the-fortunes principle, providing that Pinnacle Atlantic shall follow the fortunes and settlements of QC&S, provided that such settlements are made in good faith and in a businesslike manner
4 provides, in relevant part, that premiums earned on policies assumed by QC&S in connection with loss portfolio transfers, run-off transactions, and similar assumption reinsurance arrangements shall be excluded from the computation of ceded earned premium for purposes of the Treaty
The arbitration clause is mandatory, not permissive: it provides that the parties "shall submit" such disputes to arbitration, not that they "may" do so
§§ 1-16, there is a strong presumption of arbitrability, and any doubt as to the scope of an arbitration clause must be resolved in favor of arbitration
Nothing in this letter, and no action taken or omitted by QC&S or QIH in connection with this dispute, shall be construed as a waiver of any right, claim, defense, counterclaim, or remedy, whether or not expressly identified herein