Best's Review Looks at Challenges of Insurance Defense Counsel
- May 17, 2024 08:38 AM (EDT)
//BestWire// - In the May issue, Best’s Review looks at the results of an exclusive survey of insurance defense attorneys in Best’s Insurance Professional Resources. Respondents say they remain committed to the insurance industry but warn that counsel-insurer relationships are under stress because of a penny-wise, pound-foolish litigation approach adopted by some insurers. Meanwhile, an increasingly well-funded plaintiffs bar continues to rack up nuclear verdicts. Read the full story in “For the Defense: Insurers’ Cost-Cutting Mindset Strains Relationship With Defense Counsel.”
Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. The complete content of Best’s Review is available here.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.