Sphere Drake Insurance Limited v. All American Life Insurance Company

EASTERBROOK, Circuit Judge.

Two underwriters cannot agree about whether seven policies of reinsurance are valid — or for that matter about who decides whether they are valid. All American, which contends that the contracts are effective, says that the dispute should be arbitrated. Sphere Drake, which denies the documents’ binding quality, believes that a court should resolve the question. Last year we concluded that disputes about one of the seven contracts should be handled by a judge. Euro International Underwriting (“EIU”), which wrote the policies on Sphere Drake’s behalf, was subject to a…