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Insurers Can't Arbitrate $11M Ida Coverage Fight, Judge Rules

By Hope Patti ( September 29, 2023, 2:41 PM EDT) -- A group of insurers cannot force a Louisiana property owner to arbitrate its dispute over coverage for $11 million in Hurricane Ida damages, a New York federal court ruled, finding that the state's insurance law supersedes the Federal Arbitration Act and an international treaty governing disputes involving foreign parties....

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