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For decades, the insurance industry has created crises in insurance affordability and availability, while falsely blaming juries and victims for the industry’s own mismanaged underwriting cycle. J. Robert Hunter, Joanne Doroshow and Douglas Heller, How the Cash Rich Insurance Industry Fakes Crises and Invents Social Inflation (March 2020).
While insurance representatives are notorious for attacking victims and lawyers, perhaps less well-known is how insulting they can be to jurors, such as dubbing jury verdicts “fraudulent” when an insurer’s client/wrongdoer doesn’t win. A.M. Best webinar, “The Impact of Social Inflation on Insurance Claims,” November 10, 2020.