Absent any agreement to the contrary, the statute of limitations for civil actions, by its plain terms, does not apply to an arbitration proceeding.
If arbitration is not filed within 60 calendar days of the dismissal/discontinuance, the expiration of the statute of limitations may be asserted as an affirmative defense/exclusion.
Arbitration Forums, Inc. You may request membership information via membership@arbfile or call 1-866-977-3434.
Frequently Asked Questions about Property Arbitration. Can a decision in the Property Forum be appealed? A decision may be appealed on a case when the Company Claim Amount is at least $10,000. The appeal process is described in Rule 2-12.
Eric Spencer is president and CEO of Arbitration Forums, Inc. (AF), the nation's largest arbitration services provider. He joined AF in May 2024 after five years with American Family Insurance, where he was vice president of auto adjusting services.
The Rules. The time limit within which the arbitrator must render his award is fixed at six months.
Arbitration Forums, Inc. You may request membership information via membership@arbfile or call 1-866-977-3434.
Mediation-arbitration (Med-Arb) This process begins as the mediation of a dispute by a neutral third party. But, if the mediator does not successfully, resolve the dispute, an arbitrator, who may or may not be the person who acted as a mediator in the dispute, makes a decision.
What is the monetary limit for the Special Arbitration Forum? Compulsory arbitration is applicable to a maximum of $250,000 contribution sought per claim. Claims for separate parties arising out of the same accident, occurrence, or event are considered separate claims.
Arbitration is a way of settling a dispute without having to go to court. You are called the claimant and the party you're taking action against is the respondent. You both put your case to an independent person called an arbitrator.