Insurer Can't Duck Arbitration Award After Untimely Filings

Law360, New York (September 3, 2013, 9:47 PM EDT) -- A New Jersey appellate panel Tuesday ruled to uphold an arbitration award granted to One Beacon Insurance Co. from Excelsior Insurance Co., ruling that Excelsior’s failure to timely file its defenses in arbitration makes it partially responsible for defending a real estate developer.

A two-judge panel on the Superior Court of New Jersey’s Appellate Division backed a trial judge’s determination that Excelsior had no excuse not to file affirmative defenses or challenge the jurisdiction of the arbitration forum as it tried to avoid helping One Beacon...
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