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Inter-Insurer Disputes Resolved Using Arbitration in 2011 Sets Record

Nearly 520,000 claims disputes valued at more than $2.4 billion were resolved by arbitration in 2011a new record, says Arbitration Forums Inc.

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Nearly 520,000 claims disputes valued at more than $2.4 billion were resolved by arbitration in 2011—a new record, says Arbitration Forums Inc.

The nation’s largest provider of inter-insurance dispute-resolution services says it is saving the industry more than $700 million in litigation costs annually.

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