National Arbitration Forum PlansNo-Fault Settlement Week In New Jersey

Tuesday, November 1, 2005 - 00:00

The National Arbitration Forum (NAF) will hold a Second Annual New Jersey No-Fault Settlement Week December 12-16 for parties with legal disputes filed under the New Jersey No-Fault PIP Insurance Arbitration Program.

NAF will encourage parties and their attorneys during this week to identify cases involving medical reimbursements for injuries suffered in automobile accidents that have realistic settlement potential, and to be proactive and open settlement communications to resolve the matters.

Parties and their attorneys in identified cases will not be required to travel to dispute resolution professional (DRP) offices for hearings during the Settlement Week. DRPs will be available at no cost to facilitate voluntary settlement negotiations between parties if the parties request intervention to assist in resolving the dispute.

NAF launched the Settlement Week initiatives in 2004 to assist parties in producing earlier, less-costly dispositions, to expedite scheduling of unresolved matters and to reduce the number of pending cases. During the inaugural initiative, parties reported a 40 percent increase in settlements.

To participate in the New Jersey No-Fault Settlement Week, parties simply need to identify those cases that have potential for settlement and contact the adverse party. If the services of aDRP are required to ultimately settlethe matter, parties need to supply a list of cases to one week prior to the Settlement Week. NAF will select a DRP and advise all parties of the mediation schedule.