Judgment reversed, on the law, with $50 costs and disbursements, application denied, and award of the master arbitrator reinstated.
It is well settled that the determination of a master arbitrator is binding unless one of the grounds set forth in CPLR 7511 to vacate or modify the award can be shown to exist (Insurance Law, § 675, subd 2; Matter of Bamond v Nationwide Mut. Ins. Co.,
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