ACE PROPERTY & CASUALTY INSURANCE COMPANY v. GLOBAL REINSURANCE CORPORATION OF AMERICA

Filing 130

ORDER THAT JUDGMENT IS ENTERED IN FAVOR OF PLAINTIFF ACE PROPERTY & CASUALTY INSURANCE COMPANY, AS SUCCESSOR IN INTEREST TO CNIC, AND AGAINST DEFENDANT GLOBAL REINSURANCE CORPORATION OF AMERICA. GLOBAL SHALL PAY TO CNIC $561,718 REPRESENTING PAS T BILLINGS THROUGH 1/25/2012, PLUS PRE-JUDGMENT INTEREST AT THE PENNSYLVANIA STATUTORY RATE OF 6%. JUDGMENT IS ENTERED IN FAVOR OF CNIC AND AGAINST GLOBAL ON COUNT TWO OF THE COMPLAINT. GLOBAL SHALL PAY ALL FUTURE BILLINGS ON THE MARLEY CLAIM MA DE ON THE SAME BASIS AS THE BILLINGS AT ISSUE IN THIS CASE WITHIN 30 DAYS OF RECEIPT. JUDGMENT IS ENTERED IN FAVOR OF CNIC AND AGAINST GLOBAL ON GLOBAL'S COUNTERCLAIM. THE CLERK OF COURT IS DIRECTED TO MARK THIS CASE CLOSED. SIGNED BY HONORABLE JUAN R. SANCHEZ ON 3/30/2013. 4/1/2013 ENTERED AND COPIES E-MAILED.(kp, )

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
ACE PROPERTY & CASUALTY
INSURANCE COMPANY
v.
GLOBAL REINSURANCE
CORPORATION OF AMERICA

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CIVIL ACTION
No. 11-2838

JUDGMENT
AND NOW, this 30th day of March, 2013, in accordance with the accompanying
Memorandum, it is ORDERED Judgment is entered in the above-captioned case as follows:
(1)

Judgment is entered in favor of Plaintiff ACE Property & Casualty Insurance

Company, as successor in interest to Central National Insurance Company of Omaha (CNIC), and
against Defendant Global Reinsurance Corporation of America (Global) on Count One of the
Complaint. Global shall pay to CNIC $561,718 representing past billings through January 25, 2012,
plus pre-judgment interest at the Pennsylvania statutory rate of 6%.
(2)

Judgment is entered in favor of CNIC and against Global on Count Two of the

Complaint. Global shall pay all future billings on the Marley claim made on the same basis as the
billings at issue in this case within 30 days of receipt.
(3)

Judgment is entered in favor of CNIC and against Global on Global’s counterclaim.

The Clerk of Court is directed to mark this case CLOSED.

BY THE COURT:

/s/ Juan R. Sánchez
Juan R. Sánchez, J.