NEWS - Press Release

November 19, 2013

NAM ANNOUNCES NEW NO-FAULT PROGRAM

NAM (National Arbitration and Mediation) is pleased to announce that it will now be administering the arbitration of no-fault claims. NAM’s New York No-Fault Arbitration Program provides a better and faster alternative to resolving disputed medical claims between medical providers, claimants and auto insurance carriers. After insight and input from No-Fault professionals, NAM’s No-Fault program was specifically developed to reduce legal and administrative expenses for insurance companies while providing an expeditious and cost effective claim resolution process for the applicants.

NAM recognized the need for this alternative dispute resolution opportunity and created a program that would appeal to all parties. Advantages of the NAM No-Fault Program include lower program fees for both parties, streamlined administrative timeframes from when a case is filed to the date of the decision, no mandatory conciliation or pre-hearing calls, experienced no-fault case managers that understand the nuances of No-Fault arbitrations, awards that conform to the NYS Insurance Laws and Regulations, convenient and accommodating hearing facilities and state-of-the-art technology using the NAM patented myADR online system, which was customized specifically for this no-fault program. NAM’s online myADR portal provides parties with the electronic filing and signing of documents, access to secure ADR-related data such as case calendars, tracking and status reports, as well as decisions and awards. It is designed so that any data field captured is retrievable, which can be invaluable in trend analysis, as well as in reviewing important individual case-specific information.

Roy Israel, President and CEO of NAM stated: “I am so pleased to offer medical providers, carriers and attorneys a great new opportunity for arbitrating their no-fault claims. After receiving numerous requests and inquiries from attorneys practicing no-fault and insurance carriers for an alternative to the traditional forums available, our team of No-Fault professionals created a program that will be beneficial to all parties. We are certain that NAM will be able offer all parties an expeditious, cost-effective and agreeable platform for resolving their no-fault cases.”

To view or request more information on NAM's No-Fault Program, click here or email us at nofault@namadr.com.

ABOUT NAM

NAM offers litigants a nationwide panel of nearly 2,500 top-tier former judges and practicing specialists uniquely qualified to facilitate the resolution of disputes in a private forum. The company maintains rosters in all 50 states, including Puerto Rico, with specific expertise in the areas of Complex Commercial, Personal Injury (including 3rd party and 1st party actions), Professional Liability, Construction, Insurance, Employment, Real Estate and Financial Services dispute resolution.

Founded in 1992, NAM (National Arbitration and Mediation) has been recognized as ADR Provider of the Year and is well known for its superb customer service and for delivering exceptional results. Consistent with being the nation's premier ADR provider, the New York Law Journal Rankings Survey selected NAM as the #1 ADR provider for 2011, 2012 and 2013.

NAM actively works with more than 8,000 commercial entities, including more than 50% of the Fortune 100 companies. NAM is often an indispensable resource for parties seeking cost-effective alternatives to expensive and often time-consuming litigation.

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