Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / settlement-authority-memorandum.docx
settlement-authority-memorandum.docx
Parties
HARKNESS LLP
Quorum Insurance Holdings Corp
Pinnacle Atlantic Reinsurance Ltd
Calloway LLP
M. Ridgeway Rating
M. Ridgeway
Pinnacle Atlantic Group Holdings Ltd
Broadreach Intermediaries Inc
Dates
February 14, 2026
October 15, 2022
March 29, 2024
February 28, 2026
December 31, 2025
July 1, 2019
June 30, 2024
July 1, 2024
June 30, 2025
July 1, 2025
Amounts
$78,400,000
$12,600,000
$91,000,000
$69,700,000
$8,700,000
$22.3
$15,000,000
$28,000,000
$20,000,000
$22,000,000
Obligations
Specifically, Article 22 requires that any dispute arising out of or in connection with the Treaty shall be resolved by a panel of three arbitrators, selected and operating in accordance with the ARIAS-U
First, QC&S contends that Article 7 of the Treaty must be read in conjunction with Exhibit B, which establishes an individual claim reporting threshold of $1,000,000 per claim
Second, QC&S will argue that under New York law — which governs the Treaty — a reinsurer seeking to avoid liability based on late notice must demonstrate actual prejudice resulting from the delay
Disclosure Obligations The dispute raises several disclosure obligations that must be carefully managed: SEC Reporting (ASC 450 Loss Contingency Disclosure): QIH is a reporting company subject to the SEC's disclosure requirements