Orval Fairbairn wrote in
news
Do you mean to imply that insurance has played no part in the current
state of our nation's "sue first, ask questions later" (or should it be
"settle first, ask questions later") approach to liability
distribution?

A couple of large awards cam do wonders for insurance sales (at any
price)!

Not to mention the $$$$ that lawyers and claimants see in their eyes when
they can sue someone who is backed by an insurance company.

When is the last time you heard of a large cash settlement from an uninsured
individual?

It's not the actuarie's fault, no. But it doesn't change the fact that the
system is screwed up, and as big a part of the problem as anything else.