Real Rate Report
Insurance Claims Defense Snapshot
Controlling Claims Litigation Costs in an Era of Flat Rates
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.