There are provisions that require the payment of a minimum $80 attorneys fee if a dispute is resolved that involves a denied claim. When do these requirements take effect?
• Ans: The requirement for the payment of an $80 minimum attorney’s fee for denied claims takes effect for claims received by insurers on or after April 5, 2002. • The revised Regulation 68 permits an insurer to make a non-binding offer during the conciliation process. If the offer is rejected by the applicant, the attorney’s fee is limited if the offer equals or exceeds the award by an arbitrator. When does this rule take effect? • Ans: This rule takes effect for all arbitration requests filed on or after April 5, 2002.
