Are 'Unreasoned' Arbitration Awards 'Irrational'?

[Editor's note: Mr. Hall is a former law firm partner, a former insurance and reinsurance company executive and acts as a reinsurance and insurance consultant and expert witness as well as an arbitrator and mediator of insurance disputes. The views expressed in this article are those of the author and do not reflect the views of his clients. Copyright 2009 by the author. Additional background on the author and his other publications can be found on his website: www.robertmhall.com.]

Introduction

The title of this article is tongue-in-cheek for two reasons. The term "unreasoned award" is a misnomer since all arbitration …