Evolving issues in reinsurance disputes: the power of arbitrators. From: Fordham Urban Law Journal | Date: January 1, 2008| Author: DiUbaldo, Robert W. | COPYRIGHT 2008 Fordham Urban Law Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

INTRODUCTION

Due to its efficient and cost-effective nature, arbitration is often the preferred approach for resolving reinsurance and other complex commercial business disputes. (1) For this reason, reinsurance contracts, as well as many other commercial agreements, often contain arbitration clauses requiring that any and all disputes arising under the contract be resolved by arbitration. (2) The Federal Arbitration Act ("FAA") governs most reinsurance arbitrations in t...