In the world of reinsurance, agreements, or Treaties, the inclusion of provisions mandating arbitration is a well-established industry standard. Despite the potential exposure inherent in reinsurance disputes, such Treaties and their corresponding arbitration provisions are not particularly expansive and, in fact, oftentimes rely upon “boiler plate” language. Here is an article examining a series of recent cases in which a court has expanded an arbitration panel's authority.
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Sharon Angelino and Brian Biggie