During the past two years, the number of lawsuits against recreation and entertainment business venues has steadily risen. In today's struggling economy, even the smallest incident can result in a lawsuit.
As more people lose their jobs and medical insurance benefits, they will turn to litigation to recover the costs for injuries that may or may not have been the result of the venue's negligence.
How can we as an industry mitigate the litigation costs and help our customers run safer operations–a win for the insured and the carrier? The answer is by providing them with important risk management tools that will help reduce the potential for litigation and mitigate jury awards.
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