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Arbitration
ArbitrationArbitration is the procedure through which the insurance company and the insured or a vendor agree to settle a claim dispute, accepting a decision made by a third party. We thank you for using the Insurance Dictionary to search for Arbitration. If you have a better definition for Arbitration than the one presented here, please let us know by making use of the suggest a term option. This definition of Arbitration may be disputed by other professionals. Our attempt is to provide easy definitions on Arbitration and any other insurance topic for the public at large. This dictionary contains 199 terms. |
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