October 26, 2021 | Legal Alerts

Why Jurors May Be Biased Against the Trucking Industry

It is not uncommon for jurors to have specific biases against certain industries. A person does not necessarily put aside their personal beliefs when chosen to serve on a jury. Researchers and legal experts have found that jurors can hold negative attitudes towards corporate America, specifically the trucking industry, when serving in a courtroom. This negativity can be manipulated by attorneys to steer jurors towards “nuclear” judgments against trucking companies resulting in potential bankruptcy and/or shutting down those companies. Defense attorneys need to be aware of and know how to deal with potentially biased juries, as many jurors admit to having a built-in bias against truckers. Where does this bias originate and why are these views so common amongst jurors? The following details why jurors may be biased against the trucking industry.        

October 15, 2021 | Legal Alerts

Explaining Right of Contribution Among Liability Insurers

In June of 2019, the Florida Legislature passed a new law (Florida Statute, Section 624.1055) creating a right of contribution among liability insurers for defense costs associated with defending an insured shared between multiple insurance policies. The new law effectively overturned the longstanding precedent set by Argonaut Insurance v. Maryland Casualty, 372 So. 2d 960 (Fla. 3d DCA 1979), Continental Casualty Company v. United Pacific Insurance Company, 637 So. 2d 270 (Fla. 5th DCA 1994), and their subsequent progeny. Without a right of contribution, some insurers were incentivized to push back accepting liability for their policyholders in the hopes another of the insured’s policies would kick in and foot the bill. This law stood for many years.

September 27, 2021 | Legal Alerts

Complex and Large Loss Insurance Subrogation Actions

Insurance companies that cover large and complex losses typically include subrogation clauses in their policies to protect their assets and their policyholders. Subrogation clauses allow insurers to pay policyholder claims while also taking legal action against an at-fault third party or parties that caused the loss. To ensure subrogation is successful, it is within an insurance company’s best interests to work with experienced legal counsel that handles both commercial and personal insurance matters including losses that range in size up to well over six figures. A legal team can be most impactful during subrogation action when brought into the claims process from the beginning instead of waiting weeks or months to be involved. Taking immediate action on matters involving subrogation will assist carriers in securing a significant recovery to offset policyholder losses.  

September 17, 2021 | Legal Alerts

Insurance Fraud Investigations

Insurance fraud investigations focus on attempts for individuals to benefit from deceitful insurance claims. It is illegal for a person to file a false or inflated claim. According to the Coalition Against Insurance Fraud, each year an estimated $80 million is paid out in fraudulent insurance claims. That amount of money changes the insurance market and causes insurance premiums to increase. There are many types of insurance fraud that are seen throughout the insurance industry affecting healthcare, disability, disaster, vehicle, homeowners, commercial insurance and more. Many insurance companies are forced to take extreme caution when paying out insurance claims to avoid being the victim of fraud. Insurers deserve to be protected from false claims which is why it is essential for all insurers to have an experienced legal team on their side to help evaluate potential fraud and misrepresentation in all areas of their insurance company. 

September 1, 2021 | Profile Stories

Leveraging Technology to Protect Companies from Big Verdicts

Many companies are taken to court for a variety of false claims, fraudulent allegations, and more that result in the businesses paying out exorbitant sums of money, sometimes considered “nuclear verdicts” because they can completely bankrupt a company, destroying it like a nuclear bomb. Massive punitive damages, commonly exceeding $10 million, can damage a company’s reputation all because of a false or extremely misleading narrative. Companies with permanently tarnished reputations may have to change the direction of their business in the future just to stay afloat. To prevent this from occurring, companies in multiple industries are turning to technology to help protect their reputations, predict when fraud is occurring, and prevent unmeritorious claims from being brought against them. This technology could be seen as extreme in some circles, however, using it to protect a business is incredibly common. Security systems with video surveillance have been around for decades and have helped prevent theft of physical items and prove when fraud occurs in some cases. Newer AI-driven technology can increase that level of security and protect a company from lawsuits with potentially big verdicts.