Arbitrator Did Not Exceed Powers In Insurance Agencies' Restriction Dispute, Panel Says

Arbitrator Did Not Exceed Powers In Insurance Agencies' Restriction Dispute, Panel Says

DALLAS - An arbitrator did not exceed his powers by extending a restriction period for the sale or marketing of insurance in a settlement agreement between two insurance agencies, a Texas appeals panel ruled July 3, reversing a trial court's order vacating the arbitration award (Nationsbuilders Insurance Services Inc. v. Houston International Insurance Group Ltd., et al., No. 05-12-01103, Texas App., 5th Dist.; 2013 Tex. App. LEXIS 8182).

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