USA—Court of Appeals dismisses arbitrator bias ruling in reinsurance case (Certain Underwriting Members of Lloyd’s of London v State of Florida, Department of Financial Services, as Receiver for Insurance Company of the Americas)

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• What did the court decide?

Article summary

Law360: The Second Circuit Court of Appeals ordered a New York federal court to reconsider whether an arbitrator’s failure to disclose ties to a Florida workers’ compensation insurance carrier tainted an award in favour of the insurer in its battle with British reinsurers as the lower court applied an improper standard.