Oklahoma Court: Home Warranty Contract Is Insurance; Forced Arbitration Not Allowed

A home warranty contract is an insurance contract.

That’s the conclusion of the Oklahoma Supreme Court in a case in which the plaintiffs challenged a mandatory arbitration provision in a home warranty contract, maintaining such provisions are not legal under state law in any contract that references insurance.

Full Article: https://www.insurancejournal.com/magazines/mag-features/2020/06/15/572067.htm