Recently, there has been a noticeable increase in filings that include incorrect company codes, names, or subsidiaries. While mergers and acquisitions may contribute to this trend, the issue spans across many members. Companies with similar names often lead to confusion, resulting in the wrong entity being named in a filing.
To avoid these errors, members should review the evidence available and ensure that the company named in the filing matches the one indicated in the documentation. This includes verifying the correct company code and name prior to submission and possibly consulting the Arbitration Forums, Inc. (AF) member directory as needed.
Please remember the following tips when selecting companies.
- The Select Parties field requires entry of a company code or company name.
- A dropdown list will populate based on the input; members should choose carefully.
- If a non-signatory company is selected, written consent is required before proceeding.
Members can rely on various sources to confirm whether the company selected in the filing is correct. Some of those sources are electronic or mailed documentation that identifies the proper company or subsidiary, police reports, or other evidence listing the correct carrier by name, and AF’s member directory, which is especially helpful when similar names exist. If these sources are unavailable, it is strongly advised to contact the known carrier directly to confirm the correct company code and company name before filing.
By taking the time to verify and input accurate company information, members can help ensure smoother processing, timely responses, and fewer disruptions in the arbitration workflow. Accuracy isn’t just a best practice; it’s essential.