“One structural factor is the federal jurisdictional threshold of $75,000, which hasn’t changed since 1996,” Porter said. “With inflation, damages like medical costs and lost wages routinely exceed that, making it easier to get cases into federal court, where defendants generally prefer to be.
Insurers face rising exposure from “new normal” in federal tort filings
- Niki Wilson
Recent Company News
- E-Claim.com Successful Second Round in the Edward Lowe Foundation’s SIG Program
- E-Claim.com Welcomes Lozano Insurance Adjusters: A New Era of Claims Management with ClickClaims
- ClickClaims Recognized as One of the Top Insurtech Companies – Global 5-Star Technology and Software Providers for 2023 by Insurance Business America
- Heartwarming Acts of Kindness Multiply: E-Claim Employee Efforts Result in $9,000 for Smile Train!
- 2021 Louisiana Growth Leaders: Spotlight on E-Claim | Louisiana Economic Development
Recent Blog Posts
- Florida Carriers: Are You Meeting SB-76 Reporting Requirements?
- Thomas Brown, Founder & CEO of E-Claim.com Featured LIVE on Tea Time with Tech Founders Podcast
- Maximizing Every Minute: The Real Game-Changer in Life and Work
- ClickClaims and the Future of AI
- Fighting Fraud from the AIr and in the Courts
Recent Industry News
- How to obtain the Associate in General Insurance title
- The Future of Flood-Fighting Is Being Charted in Hong Kong
- Insurers face rising exposure from “new normal” in federal tort filings
- AI slashes insurance admin overload: Applied brings 99%+ accuracy to commissions
- Bipartisan bill seeks overhaul of FEMA flood maps as NFIP deadline looms