Judge Says Arbitration Panel Should Decide How To Deal With Reinsurance Dispute
(August 20, 2015, 10:22 AM EDT) -- NEW HAVEN, Conn. — A federal judge in Connecticut on Aug. 18 held that it is up to an arbitration panel to determine which of two arbitration clauses in a reinsurance contract applies to a dispute over, among other things, a commutation value (American United Life Insurance Company v. Travelers Indemnity Company, et al., No. 14-cv-01339, D. Conn.).
(Opinion available. Document #12-150821-007Z.)
American United Life Insurance Co. (AUL) sued Travelers Indemnity Co., Travelers Casualty and Surety Co. and Standard File Insurance Co. (collectively, Travelers) on Sept....