Early Offer Reform In Personal Injury Cases — A Proposed Fix To The Personal Injury Litigation System

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An interesting study was recently published discussing the potential advantages of adopting a system whereby liability insurance carriers are afforded the opportunity to make “early offers” in personal injury cases. This early offer system encourages liability insurers to issue prompt payment of medical expenses and wage loss to parties injured on a no-fault basis, with the injured party having to give up recovery of non-economic damages in exchange.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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