The Sphere of Influence in Claim Settlement

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Manage episode 182675427 series 1034388
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With nearly 4 decades of experience in the insurance field, Richard Spiers has dealt with a myriad of claims nationwide. Northern Illinois University graduate, Richard Spiers is the Vice President at Genesis Management and Insurance Services, as well as a member of the CPCU society. The question of whether to settle every claim or take some of them to court is an interesting one. According to Spiers, there is a reasonable incentive to, if the claimant demands are unreasonable or the facts support the defendant, indeed go to the trial. But before such move gets validated, a few pre-trial aspects must not be overlooked.

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