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Frivolous Lawsuits #550016
09/21/09 04:11 PM
09/21/09 04:11 PM
Joined: Oct 2008
Posts: 24
I
Insurance Guru Offline OP

BellaOnline Editor
Insurance Guru  Offline OP

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I
Joined: Oct 2008
Posts: 24
Frivolous lawsuits cost policyholders millions in premium increases each year. As a former bodily injury adjuster I have seen my share of frivolous lawsuits. What experience have you had with frivolous lawsuits?


Denise Castille
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Re: Frivolous Lawsuits [Re: Insurance Guru] #725832
11/16/11 10:13 AM
11/16/11 10:13 AM
Joined: Jan 2004
Posts: 22,637
Lisa LowCarb / VideoGames Offline
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Lisa LowCarb / VideoGames  Offline
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Posts: 22,637
I do worry about a random person coming along with a wild lawsuit and destroying everything I have worked so hard to build. I do carry business insurance. It's sad that we live in a world where a single person can destroy others as long as they can pay for a lawyer. It seems as if the person with the most money can "automatically win" by driving the other person to bankruptcy.

Sort of a Sword of Damocles thing.


Lisa Shea, Low Carb / Video Games Editor
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