Underwriters:  ‘Smoke, Mirrors’ Used To ‘Carve Out’ Arbitration Clause

Mealey's (May 21, 2020, 2:36 PM EDT) -- MISSOULA, Mont. — Underwriters argue in a May 19 reply brief to a Montana federal court that a joint risk pool for Montana counties “turns to a game of smoke and mirrors” to suggest that an unrelated provision in a different part of their reinsurance agreement “carves out” an arbitration clause in their $2.65 million reinsurance dispute (Montana Association of Counties Property and Casualty Trust v. Certain Underwriters at Lloyds, No. 19-196, D. Mont.)....