Demotech, Inc. Summarizes Impact of Tech-enabled Litigation Instigation on Trucking Industry
According to Petrelli, the webinar will expose how emerging technologies have covertly accelerated litigation frequency. Summarizing Demotech's research as a critical warning signal for the industry, attendees will gain an understanding of the mechanisms behind tech-enabled litigation instigation and the data patterns revealing its growth and brute force. Further, Joe will outline policy vulnerabilities that make insurers and consumers increasingly susceptible to this business model. Petrelli will outline the regulatory and public policy responses necessary to counter this business model and discuss how industry leaders can prepare and respond to rapidly evolving risk, litigation, and legal landscapes.
Petrelli added: "I am honored to have American Trucking Associations, the largest and most comprehensive national trade association for the trucking industry, assist in this educational effort. I encourage those in the trucking industry to join ATA. Their membership application is here: https://www.trucking.org/membership-application. Once a member, the registration page for this educational effort is here: https://www.trucking.org/events/triggered-tech-hidden-forces-driving-litigation-frequency-and-policy-shift-now-required."
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About Demotech, Inc.
Incorporated on September 9, 1985, Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Demotech serves the insurance industry by providing objective and independent Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies, Life & Health insurance companies, and Title underwriters, among others. FSRs assist independent, regional and specialty insurers by leveling the insurer ratings playing field. Over thirty-five years ago, Demotech was the first to have its rating process reviewed and accepted by Fannie Mae, Freddie Mac, and HUD. Since that time, Demotech's FSRs have been leveling the playing field for financially stable insurers of all sizes. Since July 11, 2022, Demotech is registered with the U.S. Securities and Exchange Commission (SEC) as a nationally recognized statistical rating organization (NRSRO) in the class of ratings for Insurance Companies. Visit www.demotech.com for additional information, sign up or view The Demotech Difference. You can sign up to receive a quarterly hard copy of The Demotech Difference by mail at https://www.demotech.com/contact-demotech-2/. Alternatively, you can access current and past issues of TDD online at https://www.demotech.com/research/the-demotech-difference/.
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SOURCE Demotech, Inc.
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