Judge Grants Reinsurer’s Motion, Confirms Arbitration Award

Mealey's (February 22, 2016, 1:50 PM EST) -- PHOENIX — A federal judge in Arizona on Feb. 17 granted a reinsurer’s motion to confirm an arbitration award, noting that an alleged miscalculation of the award amount could not be gleaned from the arbitration panel’s final award, which did not include the panel’s computational reasoning (Scottsdale Insurance Company v. John Deere Insurance Company, No. 15-cv-00671, D. Ariz.; 2016 U.S. Dist. LEXIS 18986)....