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TreasonousBastard

(43,049 posts)
1. The important point is that to raise rates, they would have to go to regulators...
Thu Jun 3, 2021, 11:37 PM
Jun 2021

who are not generally interested in raising them.

Less important are:

The total award will almost certainly be reduced.

Worker comp limits are probably for the specific death limit, and not for any liability claims.

This was mainly a subcontractor's fault, and the contract undoubtedly has at least 10 pages of indemnification agreements inserted by lawyers to increase their billing and fog up all payment possibilities.

There are several insurance companies involved, and they will be working overtime to figure out how not to pay such a huge claim.


It will take years to finalize this, if it ever is.

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