Insurer’s Rehabilitator Tells U.S. High Court:  Arbitration Clause Is Not Enforceable

Mealey's (January 29, 2021, 10:06 AM EST) -- WASHINGTON, D.C. — The Louisiana Rehabilitation, Liquidation and Conservation Act, including its post-receivership venue provision, “regulates the business of insurance and prohibits the enforcement of any private forum selection clause,” including an arbitration clause at issue in a professional negligence suit against an actuarial services company, that “frustrates state insurance law,” the Louisiana insurance commissioner argues to the U.S. Supreme Court in a Jan. 27 opposition brief....