Rush on Business
Drought Brings Expectation of Crop Insurance Arbitration Battles
I recently came across the Midwest Agricultural Law Guide, a legal blog written by Omaha lawyer Sean Minahan. Sean has an interesting blog post on how the recent drought may bring a flood of arbitration claims against crop insurers. Apparently the drought is expected to bring a whopping $25 Billion in claims!
Sean outlines the arbitration process in his blog post and stresses the importance of agreeing on an arbitrator for such claims, otherwise the arbitration will be conducted through the American Arbitration Association which often is more costly and allows less control for the farmer.
Sean's blog is well done and I recommend you check it out. I am also impressed with the firm's other blogs which includes the Midwest Business Law Journal. These legal blogs are definitely ones to keep in your RSS feeds.
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