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Claims against interpleaded policy limits not subject to arbitration provision

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The United States Court of Appeals for the Fifth Circuit has held that the arbitration provision in two fiduciary liability insurance policies issued to Enron Corporation did not apply to require arbitration of competing claims asserted by multiple insureds to the limits of two policies that were interpleaded by the insurers. Tittle v. Enron Corp., Case No. 05-20380 (5th Cir. Sept. 1, 2006).