TANG, Circuit Judge:
The district court affirmed a tripartite arbitration panel's decision that Employers Insurance of Wausau ("Wausau") could offset claims made by National Union Fire Insurance Company of Pittsburgh ("National") under various reinsurance agreements against money Wausau asserted National owed it under a separate reinsurance contract. The court denied National's motion for vacatur, in which National claimed that the panel's decision contradicted the...
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