It is conceded that the respondent insurer failed to seek a stay of arbitration within 20 days after service of a notice of intention to arbitrate an underinsurance claim for personal injuries and loss of services arising out of a motor vehicle accident. In conformity with CPLR 7503 (c), the notice contained a provision that failure to move for a stay of arbitration within 20 days would preclude the respondent insurer from challenging the validity of the agreement to arbitrate...
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