... pay an arbitrator $500.00 to fight the insurance company. The arbitrators met at my house and both arbitrators agreed (one representing my interest and one representing the interest of the insurance company) that I should be compensated for the damage- that was in March. It is now the end of June and I find out the insurance company has influenced their arbitrator to change his mind regarding compensating me for the damage. Is there a time limit on how long the arbitrators can hold off on settlement?