CompFox AI Summary
This case concerns CIGA's petition for reconsideration of an arbitrator's decision that barred CIGA's recovery from Travelers Insurance due to laches. The Appeals Board granted reconsideration, rescinded the arbitrator's decision, and returned the matter for further proceedings. The Board found that Travelers failed to prove prejudice resulting from CIGA's delay in joining them as a party. Therefore, Travelers' defense of laches was not established, allowing the case to proceed.
Full Decision Text1 Pages
This case concerns CIGA's petition for reconsideration of an arbitrator's decision that barred CIGA's recovery from Travelers Insurance due to laches. The Appeals Board granted reconsideration, rescinded the arbitrator's decision, and returned the matter for further proceedings. The Board found that Travelers failed to prove prejudice resulting from CIGA's delay in joining them as a party. Therefore, Travelers' defense of laches was not established, allowing the case to proceed.
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