Judge Sends IBC, BCS Legal Fee Spat To Arbitration

Law360, New York (January 16, 2009, 12:00 AM EST) -- BCS Insurance Co. has won its petition to compel arbitration of a bad faith claim brought by health insurer Independence Blue Cross to recover more than $7 million in legal fees IBC forked over in defending its executives in a contract spat.

On Thursday, Judge Charles Kocoras of the U.S. District Court for the Northern District of Illinois granted the Chicago-based insurance company's bid to remove the coverage dispute from court, saying the policy BCS issued to IBC bound the parties to arbitration.

BCS issued a...
To view the full article, register now.