Carriers Warn the Skyrocketing Verdicts Will Lead to Premium Hikes

Carriers Warn the Skyrocketing Verdicts Will Lead to Premium Hikes

Law 360 – April 22, 2024

Life insurers are shelling out ever more in jury awards, settlements and legal fees arising from lawsuits from policyholders, employees, and others. The mounting dollar amounts can strain finances, and so spur carriers to boost premiums, making their products less affordable…

 

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