Section 65-4.11 - Mandatory arbitration for insurers, self-insurers and compensation providers under section 5105 of the insurance law (a) Applicability. The U.S. Supreme Court has held that courts will determine arbitrability, i.e.Arbitration is a mechanism for resolving disputes between investors and brokers, or between brokers. Introduction. Arbitration is a centuries-old way for industries to promote commerce through self-regulation.