Arbitrations between insurance companies in claims disputematters rose almost 10 percent in 2006, according to a nonprofitinterinsurance dispute resolution services provider.
Tampa, Fla.-based Arbitration Forums Inc. hit a new recordresolving more than $2.2 billion in intercompany claims disputes in2006, reported D. Kay Smith, the firm's chief executiveofficer.
At the same time, the number of arbitration filings rose 9.3percent, totaling more than 480,000 cases, also a new record.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
