Real Rate Report Insurance Claims Defense Snapshot

The property casualty insurance claims market has experienced a dramatic rise in litigation costs over the last three years, and claims organizations continue to focus on opportunities to contain legal spend.

However, data from the LegalVIEW® database and the most recent Real Rate Report confirm that legal rates are not the culprit. 

While this may suggest that there is little to learn from rate data when it comes to controlling litigation costs, that is not the case, as this snapshot from the Real Rate Report’s insurance data proves. 

About The Expert

Vince Venturella

Vince Venturell

Vince is the product manager responsible for the development of Wolters Kluwer's ELM Solutions insurance market offerings for claims and staff counsel. Vince is a strategic, results-oriented legal technology leader with a consistent record of improving processes, developing innovative solutions, and leading diverse product teams. He has worked in legal management consulting and technology solutions within the insurance market for almost a decade. Vince is a graduate of The Ohio State University in Columbus, Ohio.

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