Natural adversaries, insurance companies and plaintiffs attorneys, appear stuck in an endless game of chicken. And to succeed in that game, it helps to have a resume that is "somewhat convincing," according to Ronald Weil of Miami firm Weil Snyder & Ravindran, which specializes in sex-abuse lawsuits.
Insurers wrestle with so-called nuclear verdicts, which the industry describes as social inflation: Runaway jury verdicts have been on the rise for 10 years. But in Weil's experience, insurers assessing liability tend to hold onto their money, allowing it to collect interest until the last moment.
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