Sandy Mediation Sees Modest Turnout But Promising Results
By Martin Bricketto
Law360, New York (August 02, 2013, 7:32 PM ET) -- New Jersey has seen smaller than expected participation in a mediation program that it created to help policyholders and insurers resolve Superstorm Sandy claims, but a success rate of nearly 70 percent among filed cases shows the program's value, according to state Department of Banking and Insurance Commissioner Ken Kobylowski.
The mediation program administered by the American Arbitration Association is just one of the actions that the DOBI and Gov. Chris Christie's administration took to help address billions of dollars in insurance losses from the storm....