Washington Business Daily

What happens next after arbitration is over?

My case won 100% after arbitration between insurance companies (car accident in which I was badly injured). So what can I expect now? A settlement? What is the other insurance company going to ask of me?

Public Comments

1. If you won arbitration you get the settlement, unless the other insurance company decides to take it to court (which is pretty unlikely, I would guess)
2. If you won there will be instructions from the arbitrator (in the mail???). Just follow the directions. Good Luck...
3. What happens after the arbitration hearing? At the conclusion of the hearing, the panel will deliberate and complete the Award of Arbitrators. The award must be agreed upon by a majority (2) of the panel members, with a dissenting signature line available on the award form. A party may wait for the results, or phone the Arbitration Center for the results. The award will then be filed with the respective Office of the Circuit Clerk. The Circuit Clerk will mail the Award of Arbitrators and a Notice of Award to all parties; the Notice of Award will provide the next court date for the case. On that status date, if no rejection is filed, a party must move for entry of judgment on the award or enter a dismissal order. If a rejection has been filed, the Court will set the case for trial. Pursuant to Illinois Supreme Court rules, any party present at the arbitration hearing can "reject" the Award of Arbitrators within 30 days of the date of the award. If the other insurance company does not file a rejection within the 30 days offered by the law, you will receive the award granted to you by the court after the 30 days is up. You will receive a letter from the arbitration lawyer outlining the specifics of your case. If you do not hear anything from the insurance company by the end of the 30 days, contact them to find out if a rejection was filed. They have been so great to you up until now, I am sure they will keep you updated accordingly. Congratulations! on your win. We knew this would be in your favor. I am glad it all worked out, well so far anyway. I hope that they will not reject and it will all run smoothly.
4. Ask your insurance company/lawyer this question