Editor's Note: This article originally appeared in National Underwriter, P&C.
The trend in jury awards and medical costs for dog bites is a mean tale for carriers, according to the Insurance Information Institute, noting that homeowners insurance liability claims for such injuries are up 28 percent since 2003.
Claims for canine bites are "sinking its teeth into homeowners insurance costs," said I.I.I., noting that they account for one-third of all homeowners insurance liability costs–totaling $387.20 million in 2008, up 8.7 percent over 2007.
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