When must the appraisers file their award in writing?

In the context of the appraisal process in insurance claims, appraisers are required to file their award in writing immediately after they have completed their appraisal. This written award represents the appraisers' determination of the amount of loss that has occurred, based on their assessment of the situation.

This requirement ensures that there is a formal record of the findings of the appraisers, which can be crucial for both the policyholder and the insurer in terms of resolving the claim. It also helps to maintain transparency in the appraisal process, allowing for clear communication and documentation of the decisions made.

Filing the award after the umpire's review, after agreeing on the loss, or at the conclusion of mediation may not reflect the procedural stipulations of the appraisal rules, which prioritize having the award documented once the appraisal process has been finalized. This clarity in process helps avoid confusion and potential disputes over the findings of the appraisers.