Insurer Cannot Enforce Mandatory Arbitration Endorsement, Panel Says

MINNEAPOLIS - An insurer cannot enforce a mandatory arbitration endorsement in its policy because the endorsement conflicts with a policy endorsement stating that all disputes must be resolved in Missouri courts, and under Missouri law, mandatory arbitration is not permitted under insurance contracts, the Eighth Circuit U.S. Court of Appeals said April 19 (Union Electric Co., doing business as Ameren UE v. AEGIS Energy Syndicate 1225, No. 12-3546, 8th Cir.; 2013 U.S. App. LEXIS 7840)....(read more)Image may be NSFW.
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