Re: US Goverment Sues D&SNG

el gringo grande Wrote:
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> As a rule, insurance companies ALWAYS want to
> settle. Path of least resistance for them, and
> they just turn around and jack up the rates
> because of demonstrable higher risk.
>
> That is not always the best path for the business.

Years ago (probably several decades ago) I read an article in, I believe, Business Week about the approach that the ladder manufacturers took about injury suits.

Their insurance carriers were settling and paying out for all kinds of injury suits. Then the lander manufacturers decided to vigorously defend against frivolous claims prior to bringing in the insurance companies. The aftermath was that the number of law suites and the amount of payouts diminished.

Brian Norden