Arrowood Seeks Judgment in Follow-The-Fortunes Suit Against Westport

HARTFORD, Conn. - Arrowood Surplus Lines Co. has moved for judgment on the pleadings in an action involving $6.8 million in reinsurance coverage for the settlement of claims brought against a real estate investment company. Arrowood Surplus Lines Insurance Co. v. Westport Insurance Corp., No. 3:08-CV-01393 (D. Conn.).

In a June 2 motion filed in the U.S. District Court for the District of Connecticut, Arrowood asserts that the underlying policy became effective prior to Aug. 18, 2000, and that Arrowood's election of a "run-off option" extended the reinsurance coverage by two years for claims filed under that policy.

In its …