There are signs of tort inflation in 2010 and 40 percent of companies anticipate it, said the Insurance Information Institute (I.I.I.) in a recently released report.
There are signs of tort inflation in 2010 and 40 percent of companies anticipate it, said the Insurance Information Institute (I.I.I.) in a recently released report.
In the first jury trial of a case involving Chinese drywall, a Miami-area couple was awarded nearly $2.5 million, while drywall manufacturer Knauf Plasterboard Tianjin Co.
The good news is a fraud task force set up by the National Insurance Crime Bureau (NICB) in South Florida in 2002 seems to have had an effect on automobile insurance fraud.
A recent U.S. Supreme Court decision upholding the right of a municipality to examine the text messages of a public employee has created speculation that the ruling could set a precedent for private employers or others.