Monthly Archives: May 2023

How insurance companies deal with bad faith estimates

Insurance companies play a pivotal role in protecting the assets and financial stability of individuals and businesses alike. However, they sometimes face threats of bad faith estimates, which can undermine their credibility and profitability. Understanding these risks and deploying effective strategies to counter them remains critical for the insurance industry. Bad faith estimates come from […]

The benefits of mediation and arbitration for insurance companies

Personal injury claims can be a complicated and expensive process for insurance companies. Often, the legal fees and court costs associated with these claims can add up quickly, and lengthy trials can be a drain on both time and resources. However, alternatives such as mediation and arbitration can provide a more efficient and cost-effective way […]