R Street Policy Study: Oregon Should Reject Third-Party Bad Faith
This week the
In a new policy report, R Street Senior Fellow and Director of Finance, Insurance and Trade,
The report goes on to make the case that this change in the law will grant plaintiffs the right to a "second lawsuit" against a defendant's insurance company. Given the potential to win punitive damages, attorneys will take on lawsuits over much smaller claims, and insurers will be forced to settle many more of these cases quickly for the maximum policy limits.
The author points out that insurance is well-regulated in
He writes, "The experience of
Trump to Visit Survivors of Deadly Alabama Tornadoes
Aftermath: Alabama’s tornado dead range in age from 6 to 89
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News