Trial dates may be harder to come by these days in light of court closures, but that doesn't mean defendants don't have an incentive to settle disputes, Kay said.
That is especially true for insurance companies, he added.
"They need closure and certainty as much, if not more, than other defendants in commercial litigation," Kay said. "They need to know what reserves they need to carry, what wording they need to change ...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In