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The Insurance Coverage Law Bulletin

August 2010

Issues Regarding the Reasonableness of Settlement in London Coverage Arbitration

By Kenneth A. Remson

It is important to recognize early on if an insurance policy with a London arbitration provision, or any international arbitration provision, may be called on to contribute to the settlement of a lawsuit. By creating that awareness early on, there is an opportunity to build a stronger record to support the reasonableness of any settlement and to maximize the insured’s ability to obtain coverage.

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