The Impact of RICO Lawsuits on Bodily Injury Claims: Guidance for Insurers, by attorneys Michael L. Zigelman, Yousra A. Depalma and Christopher A. Arcitio, published in Westlaw Today/Thomson Reuters, 9-6-2024
Since 2020, insurers, insureds, and defense attorneys have begun taking affirmative steps in investigating potentially fraudulent personal injury claims as opposed to legitimate claims. Such lawsuits allege fraud and violations of the Racketeer Influenced and Corrupt Organizations Act known as “RICO” for staged and fabricated accidents, and have given way to new tactics and strategies employed upon notice of allegedly fraudulent claims and throughout any proceeding litigation.
This article analyzes and examines a recent increase in RICO and fraud lawsuits involving insurers, insureds, defense counsel, and claimants, and the legal strategies employed in litigating such lawsuits and provides takeaways for the insurance industry.
Read more at the full article.