Insights

Robert Kole on Disputed $100M Cat Bond Payout

Robert Kole was quoted in “Insurer Defeats Mariah’s $100M 'False' Storm Report Suit” in Insurance Law360 which discusses the recently dismissed suit between Mariah Re Ltd. and American Family and fellow defendants AIR Worldwide Corp. and ISO Services, Inc., in which Mariah Re attempts to reel back $100 million paid by American Family to cover storm losses, alleging that the severe weather event terms of Mariah’s contract with the insurer are unambiguous. This also appeared in the Bankruptcy and New York sections of Law360.