$200M Insurance Dispute Belongs In Court, 8th Circ. Told

Law360, New York (January 9, 2013, 4:56 PM EST) -- Utility company Ameren Corp. told the Eighth Circuit on Tuesday that its coverage battle with a Lloyd's of London syndicate over $200 million in claims arising from a collapsed wall at a hydroelectric plant belongs in federal court, arguing that its policy doesn't contain an enforceable arbitration provision.

Ameren said a Missouri federal judge was right when she found in October that the plain language of Ameren's $25 million excess policy with Aegis Energy Syndicate 1225 suggested that the parties did not need to submit their...
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