Arbitrators May Award Some Amounts Above the Policy Limits in Uninsured and Underinsured Motorist Cases.
Los Angeles Uninsured Motorist Attorney, Barry P. Goldberg, fields questions from lawyers and insureds alike regarding Uninsured and Underinsured Motorist arbitrations. One of the more frequent topics concerns whether an arbitrator can “award” an amount above the stated policy limits and how “award” procedure actually works. Technically, an arbitrator is limited in assessing damages to…