Parties Must Proceed Before Original Panel, Court Affirms

NEW YORK - In a dispute over the allocation of underlying environmental claims, a federal appeals court has affirmed an order requiring the parties to proceed before the original arbitration panel. Insurance Company of North American v. Public Service Mutual Insurance Co., No. 09-3640 (2nd Cir.).

On June 23, the 2nd Circuit U.S. Court of Appeals also affirmed the appointment of John D. Sullivan as a party arbitrator.

INA reinsured Public Service Mutual Insurance Co. (PSMIC) under a series of first blanket casualty excess of loss reinsurance contracts, effective from 1971 to 1986. In 2005, PSMIC settled a claim …