Some Rush To Courthouse Faster Than Others
Study identifies demographics of those most likely to file injury lawsuits
Risk managers and insurers who understand a claimant's propensity to sue are better equipped to predict future losses and quantify exposures, the author of a study on the psychological and demographic factors of those who file lawsuits contends.
Those who are younger, poorer and less educated, and who suffer more serious injuries are the likeliest to sue, according to the study”The Propensity to Sue: Why Do People Seek Legal Action?”released last month by National Economics Research Associates Inc. in New York.
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