What is the name of your state? Iowa
A petition was filed from COMPANY vs INDIVIDUAL stating: APPLICATION AND MOTION TO CONFIRM ARBITRATION AWARD?
These people (company and individual) had a problem.
They had an arbitration.
The arbitrator made a decision.
One or both of the parties now wants a court order confirming the arbitrator's decision.
With a court order, if the other side doesn't comply, then the injured side can ask for the court to hold the other side (the non-complier) in contempt.