Brian Norden Wrote:
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> el gringo grande Wrote:
> --------------------------------------------------
> -----
> > 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

Disneyland has taken a similar approach to lawsuits. When someone gets hurt, there is a blizzard of Disneyland officials taking all sorts of photos and notes on what happened. If the visitor decides to sue Disneyland, they are met with a high fence to climb in the legal sense because Disneyland has a reputation of fighting you tooth and nail in court. As a result there are very few lawers who will sue Disneyland on a contingency bases because 'Disneyland doesn't pay', there is no settlement ever offered, and you will have to go the whole 9 yards in court to get a judgement. Its too bad that more companies stopped rolling over and pay because it is the cheapest way out, I think the number of frivolous law suits would drop considerable if they did.



Edited 1 time(s). Last edit at 07/04/2019 01:52AM by John Cole.