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Florianman kleinman

Insurance Defense at statue of liberty
Phone 8053878605 ext 2
Email flofloflo@floflo.com
Website -
Address 123 moliere avenue
thousand oaks
CA, 91360

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Court Voids Mandatory Arbitration Clause in Applied Underwriters Side Agreement

By Greg Jones (Deputy Editor)

Thursday, March 24, 2016 | 2221 | 1 | 83 min read

Applied Underwriters can’t force a policyholder to arbitrate a dispute because its mandatory arbitration provision was in a side agreement that was not filed with California regulators, a San Francisco judge ruled. The decision, which Applied Underwriters is appealing, comes as new rules adopted by the California Department of Insurance aiming to clarify requirements for filing policy documents are set to go into effect. The department is also currently reviewing an Applied Underwriters challenge to an administrative order finding an unfiled side agreement was unenforceable. At th...

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Suzanne Separa Nov 3, 2016 07:58 AM

This $250,000 cut off is really misleading. I agree with Mr Roxborough that it could impact smaller or mid-sized businesses. Companies that size could have a couple of bad years of claims, have a smaller broker, and unwittingly sign up for coverage that will end up costing them more than they thought. But because they had high WC premiums, they are stuck with the outcome. They can be misled AND possibly go out of business.

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