CPLR 7511 provides that an arbitration award should be vacated where an arbitrator exceeds the limits of his powers and the rights of a party are prejudiced. An award made in excess of the contractual limits of an insurance policy is an action in excess of authority (see, Matter of Sagona v State Farm Ins. Co.,
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MATTER OF STATE FARM INS. CO. v. CREDLE
228 A.D.2d 191 (1996)
643 N.Y.S.2d 97
In the Matter of State Farm Insurance Company, Appellant, v. Lois Credle, Respondent
Appellate Division of the Supreme Court of the State of New York, First Department.https://leagle.com/images/logo.png
June 6, 1996
June 6, 1996
Appellate Division of the Supreme Court of the State of New York, First Department.
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