Everest Re accused of sour grapes over arbitration loss

Bemuda-domiciled Everest Reinsurance Company has been accused by a judge of having “a severe case of sour grapes” by seeking to vacate an $11.63 million arbitration award.
The comment was made by Judge Samuel B. Kent in a ruling dated January 11, 2002 in which he confirmed an arbitration award in favor of American National Insurance Co.