Lawsuits + Settlements = More Lawsuits

In Insurance Companies, Insurance Industry, Insurance law on January 6, 2014 at 1:32


Why do people keep suing property insurance companies?  It’s a question with a lot of replies.  Here’s mine.  They do it because plaintiff’s attorneys can get paid fees, and insurance companies are quick to settle.  What can be done?  Defend those cases and let the plaintiff’s attorneys and the homeowners think twice before they sue frivolously because they’ve heard it’s easy to get settlement payments.

Claims Journal thought it was worth considering. Read my article here.


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