I wonder if this is the real, final, positive end of the Great Workers Comp Litigation Saga:
PHILADELPHIA, Feb. 20, 2006 /PRNewswire-FirstCall/ — CIGNA Corporation CI today reported that it has received an adverse ruling from a London arbitration panel concerning a dispute over a retrocessional reinsurance arrangement related to a portion of its runoff workers’ compensation reinsurance business written in the London market. This ruling resulted in a $14 million after-tax charge.
Personally, I thought it was all over some while ago, but I keep being surprised by all the little bits of spin-off litigation that have chuntered along besides the principal manoeuvres.
Source: MSN Money via PR Newswire.
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