Court Asked to Tap Umpire to Oversee 9/11 Coverage Arbitration

CHARLOTTE, N.C. - In a dispute involving reinsurance coverage for property damage caused by the 2001 terrorist attacks on the World Trade Center, Arrowood Indemnity Co. has asked a North Carolina federal judge to appoint an umpire to oversee its arbitration with AXA Re. Arrowood Indemnity Co. v. AXA Re, et al., No. 3:09-cv-00075 (W.D. N.C.).

In a Feb. 26 complaint filed in the U.S. District Court for the Western District of North Carolina, Arrowood is urging the court to appoint one of its three candidates umpire.

According to the suit, Arrowood insured World Trade Center Properties LLC under three …