re: My state farm car insurance has gone up 75% due to "various industry factors outside of...

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adly either those at the Capitol don’t realize this, or they actually do but they are in bed with those same attorneys.

From what I gathered, one personal injury firm has a business model that relies on getting quick small amounts of money by threatening to sue the insurance company for millions or settle for 8 to 20 grand. They are more concerned with a high volume of settlements rather than substance of a true settlement or judgement. The insurance companies write the check to make them go away. I am sure that they all operate like this.

It is disgusting.

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yeah you gathered wrong. Seems our soon to be ex-insurance commissioner was just in front of the legislature promising that if only the resident geniuses up there would just pass the latest and greatest "tort reform" bill would surely positively drive down rates. Just give up collateral source, jury threshhold, and by golly rates will go down.

and here we are.

also it is rare the case that i have seen an insurer write a check to get a claimant "to go away." they fight cases--particularly causation--tooth and nail and we only have a year to either settle or file. then once defense gets it there is a perverse incentive for them to keep the file open as that is how you get billables. not that i blame them. the billing rates are shitt.