Insurance litigation is alive and well.

Posted on October 11, 2006 by Dwayne Newton

Houston mega firm, Fulbright and Jaworski has released its annual survey of litigation trends.  The survey identifies the insurance industry as the most common target for lawsuits, averaging over a 1,600 pending suits.  The survey dispels the notion that large companies are just targets for litigation.   Seventy percent of the companies surveyed                   

had initiated litigation as a plaintiff in the last year. Almost 25% of the companies surveyed had filed lawsuits for more than $20 million and 15% had commenced arbitrations for more than $20 million. The top five types of legal disputes of most concern cited by survey respondents were, in declining order:

            Labor/Employment

            Contracts

            Regulatory

            IP/Patents

            Class Actions

The survey results make for interesting reading. It can be downloaded from Fulbright’s site at www.fulbright.com

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