In the celebration over the Florida Legislature’s sweeping insurance reforms approved last month, one statutory change has slipped under the radar a bit – one that insurance attorneys said will streamline the settlement process and could help reduce litigation. Among …
The Future Of Auto Insurance In No-Fault States In its widest sense, “no-fault insurance” is a term used to describe any auto insurance coverage under which policyholders are paid for personal injuries and property damage they sustain in accidents through …
Most personal line automobile insurance companies experience a low frequency of uninsured motorist bodily injury claims. This low frequency, along with a lack of adjuster training, infrequent supervisor oversight and inadequate experience could be a formula for disaster. A well …
The question of why people continually sue property insurance companies is a perplexing one. The simple answer to this question which keeps claims and litigation managers at property insurance companies awake at night staring at the ceiling is that it’s …