Law360, New York ( December 20, 2013, 9:21 AM EST) -- Practitioners who spend a significant portion of their time arbitrating reinsurance disputes have seen an increasing number of attacks in recent years on many of the long acknowledged benefits of arbitration. Whether one agrees with those attacks or not, they are pervasive. Although some continue to trumpet the streamlined and cost-effective nature of arbitration, others argue that discovery is at least as extensive — and expensive — in arbitration as it is in litigation, if not more so. While there clearly are benefits to having disputes resolved by a panel of experts steeped in the knowledge of the reinsurance industry, many complain that panels are unfairly comprised of biased party-arbitrators and non-neutral umpires....