8th Circ. Foils Insurer's Bid To Arbitrate Plant Collapse Fight

Law360, New York (April 19, 2013, 3:43 PM EDT) -- The Eighth Circuit on Friday knocked down a Lloyd's of London syndicate's attempt to force arbitration of a coverage fight with Ameren Missouri over a catastrophic reservoir-wall collapse at a hydroelectric plant that prompted nearly $200 million in product liability and environmental claims.

The appeals court upheld a Missouri federal judge's August decision that the plain language of Ameren's $25 million excess policy with Aegis Energy Syndicate 1225 prevented arbitration of the dispute. According to the ruling, the policy stated that any disputes stemming from the...
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