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Insurance Law

Mealey's Insurance - 3rd Circuit: Nonsignors To Purchase Agreement Not Bound To Arbitration

PHILADELPHIA - A Third Circuit U.S. Court of Appeals panel on Aug. 11 affirmed a federal judge in Pennsylvania's ruling denying a motion to compel arbitration filed by a company that purchased a man's life insurance policy, ruling that the man was not required to comply with the sale agreement's arbitration clause because the allegations in his complaint stem from conduct that occurred separate from the agreement (Lincoln T. Griswold, et al. v. Coventry First LLC, et al., No. 13-1879, 3rd Cir.; 2014 U.S. App. LEXIS 15362).