Indemnity payout: Settlements or awards made directly to plaintiffs as a result of claim resolution process [ 17].
In December, the Independent Committee of Eminent Persons, the panel led by Mr. Volcker, the former chairman of the Federal Reserve, said a centralized database was needed "to reach a speedy conclusion to the claims resolution process".
Any effort to reform how standard-of-care determinations are made should start with an understanding of the entire claims resolution process.
"One of the most common complaints we encounter is that contractors don't return calls when something goes wrong," said Kenneth K. Keudel, administrator of the Oregon Construction Contractors Board in Salem, a state agency that licenses contractors and administers the claims resolution process against contractors.
"We're making really good progress," said Mr. Miller, who is in charge of the claims resolution process.
The total of $2.2 million exceeded the only other award arbitrators have made to a woman who has gone through the Merrill claim-resolution process.
In Part II, there is an analysis of the strategy for designing a claims resolution facility that takes advantage of the multiplicity of options in order to accommodate the particular needs associated with a given claims resolution facility.
After Merrill settled the suit by agreeing to let every woman with a complaint of harassment or discrimination file a claim in a special resolution process, the Craanes faced a tougher decision.
During the recent crisis, regulators lamented the lack of a formal resolution process for large and complex financial organizations, claiming it reduced their options and tied their hands.
When they step into a conflict resolution process, they maintain respect for everyone in the mix.
The new plan requires companies to undergo a dispute resolution process, and address allegations against them.
