The Sphere of Influence in Claim Settlement

Public Risk Management

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.