Another Insurance Settlement With N.Y. Attorney General Spitzer
When I attend insurance coverage conferences or seminars I'm sometimes disappointed by the rah-rah tone, as if everyone present is supposed to buy into the thinking that whenever insurance companies win everyone in the room should rejoice. There has to be a measure of objectivity and empiricism in the study of coverage, and I'm suspicious of partisan boosterism. It's also helpful to understand the other side and acknowledge when they have a point. For example, policyholder attorneys look at this kind of settlement and figure insurance companies have all the money in the world, if only the right pressure is applied.