Guarantee Trust Life Ins. Co. v. First Student Programs, LLC. et. al.
(United States District Court, Northern District Illinois, Eastern Division, September 8, 2009)
At issue in this reinsurance action is the res judicata effect of a prior arbitration award on the pending suit and whether insured’s compliant is barred by the arbitration award that resolved the dispute between reinsurer and the primary insurer. Specifically, Guarantee Trust Life Insurance Company (GTL), which provides health insurance to college students, brought this lawsuit for reinsurance …
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