Seller Resistance Puts Claims Dispute Insurance On The Shelf

A first-of-its-kind program launched last year is still sitting on the shelf, according to the program's underwriting manager, who said sellers' attitudes are responsible for the lack of movement.

By Susanne Sclafane | Updated on April 11, 2010

A first-of-its-kind program launched last year is still sitting on the shelf, according to the program’s underwriting manager, who said sellers’ attitudes are responsible for the lack of movement.

While creators of Complication Insurance and Plaintiff Contract Litigation Insurance say doctors and lawyers are enthusiastic about pushing sales, insurance brokers have been less inclined to inform customers that their best efforts might result in adverse outcomes, according to Richard Robin, CEO of NAS Insurance Services in Encino, Calif.

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