Allianz Can Arbitrate GE Turbine Dispute, 9th Circ. Says

Law360, New York (March 6, 2012, 4:17 PM EST) -- The Ninth Circuit affirmed Monday that Allianz Global Risks U.S. Insurance Co. may compel arbitration with General Electric Co. over a $3.8 million reimbursement for repairs to a GE generator, finding Allianz has rights under a contract its policyholder had with GE.

Insurers like Allianz stand “in the shoes” of their insureds and they are entitled to enforce contract provisions those insureds have with other parties, even if the insurers haven't signed onto those contracts directly, a three-judge panel found in affirming a lower court's decision....
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