Honorable Engagement Provision in Arbitration Provision of Reinsurance Agreements Assists Court of Appeals in Holding that Arbitral Award Should Be Confirmed

[Editor’s note: Roland C. Goss is the office managing shareholder of the Washington, DC office of Carlton Fields Jorden Burt, PA. This article reflects the views of the author, and does not constitute legal or other professional advice or service by Carlton Fields Jorden Burt, PA and/or any of its attorneys or clients.]

In First State Insurance Company v. National Casualty Co., 781 F.3d 7 (1st Cir. 2015), the U.S. Court of Appeals for the First Circuit (the “Court of Appeals”) affirmed a district court’s refusal to vacate an arbitration award resolving claims under excess of loss reinsurance agreements. …