Claims Journal: What Chief Claims Officers Can Do About a Growing Trend of Alleged Bad Faith Claims
According to a 2022 article by Reuters, multiple jurisdictions have lowered barriers for insured parties, making it easier to establish bad faith claims, which increases insurers’ potential exposure. Concurrently, plaintiffs’ attorneys are employing aggressive strategies, such as increasingly leveraging time-limit and policy-limit settlement demands as part of their litigation efforts.
Read the full article here.
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