BILA offers members access to an impressive programme of in person and virtual events all year round, including our annual conference.
Bringing together key stakeholders, opinion formers and experts, these events allow members to make valuable connections as well as the opportunity to debate and learn about current legal issues within the realm of insurance law.
In-Person Event at Lloyd’s Old Library One Lime Street, London, EC3M 7HA
Join Angus Rodger, Chris Paparella, Elise Haverman and Natalija Satunova of Steptoe LLP.
They will discuss the main arguments parties have made in the UK courts to avoid agreements to arbitrate, and the general lack of success of such arguments. They will also discuss a unique arbitration problem that has arisen for insurers in the United States. A number of US states have statutes that invalidate arbitration clauses in insurance contracts. Such statutes conflict with the US’s treaty obligations under the New York arbitration convention when applied to international insurance agreements. The problem is the individual US states regulate insurance but the federal government signs treaties. A number of courts have ruled that the New York Convention trumps the state anti-arbitration laws, but the US Supreme Court will ultimately have to weigh in to resolve the issue for good. The question is complicated by the fact that US federal law provides generally that state laws take precedence over federal law when it comes to insurance regulation.
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