Insurers Win Bid To Arbitrate Hurricane Harvey Coverage Suit
Law360 (February 21, 2020, 9:59 PM EST) -- A group of foreign insurers including underwriters at Lloyd's of London won a bid to force into arbitration a property owner's suit seeking coverage for Hurricane Harvey damage after a Texas federal court decided the insureds had failed to adequately show why their policy's arbitration clause shouldn't stand.
U.S. District Judge Ewing Werlein Jr. said the Bhandara Family Living Trust, which owns four commercial properties in Houston, hadn't convinced him that the arbitration clause was unconscionable.
The trust had argued the clause wasn't fair because it directs that the arbitration tribunal should be made up of "persons employed or engaged in...
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