2nd Circ. Backs Insurer In Arbitration Panel Spat

Law360, New York (June 25, 2010, 3:27 PM EDT) -- An arbitrator's resignation from an arbitration panel does not necessitate convening a whole new panel, a federal appeals court has ruled, rejecting two reinsurers' bid for a new panel in their dispute with Public Service Mutual Insurance Co. over coverage for pollution claims.

A district court acted properly when it rejected Century Indemnity Co. and R&Q Reinsurance Co.'s demand for a new panel, opting instead to reappoint the resigned arbitrator or allow the reinsurers to choose a replacement, the U.S. Court of Appeals for the Second...
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