W. R. Berkley Corporation is a company founded in
Alternative Dispute Resolution Process –
In the event that such non-binding mediation does not result in a settlement of the subject dispute, either party will have the right, with all other parties’ consent, to commence an arbitration proceeding with the AAA that will be submitted to an arbitration panel of three arbitrators selected as follows: (i) the Insured will select one arbitrator; (ii) the Company will select one arbitrator; and (iii) said arbitrators will mutually agree upon the selection of the third arbitrator. The arbitration will be conducted in accordance with the AAA’s then-prevailing Commercial Arbitration Rules. In the event of arbitration, the decision of the arbitrators will be final and binding to both parties, and the award of the arbitrators will not include attorneys’ fees or other costs. -Berkley Life Sciences: Corporate Safeguard Program (2017)