Both adversarial lawsuit and no-fault legal processes are valid for determining auto accident compensation and have potential for improvement, according to a new report.
The public policy paper issued by the National Association of Mutual Insurance Companies (NAMIC) argues that states should consider reforms to improve both civil litigation and no-fault laws.
"The result could be both increased consumer choice and significantly lower premiums," said Robert Detlefsen, NAMIC vice president of public policy.
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