Union Electric Company v. AEGIS Energy Syndicate 1225

AEGIS Energy Syndicate 1225, an insurer, appeals from the denial by the district court 1 of its motion to compel alternative dispute resolution in its dispute with Union Electric Company (UEC). We affirm.

UEC purchased an excess insurance policy from AEGIS and filed suit to recover on the policy after an accident at its Taum Sauk hydroelectric power plant in Missouri. The main body of the policy prescribes a three-step process to resolve disputes: first negotiation, then mediation, and last arbitration. One of the provisions of the policy, Condition M, states: “Any controversy or dispute…