Coal Producer Must Arbitrate $115M Fire Dispute With Foreign Insurers, Judge Says

Mealey's ( March 22, 2023, 2:21 PM EDT) -- ST. LOUIS — A Missouri federal judge on March 21 stayed a coal producer’s lawsuit against its international insurers for reducing the producer’s $115 million claim for mine fires by more than 90% and ordered the parties to arbitration after finding that a state law prohibiting mandatory arbitration clauses in insurance contracts does not reverse-preempt the New York Convention....