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IBJ: Auto insurance rates keep rising

Scopelitis President & Managing Partner Greg Feary in the IBJ on why auto insurance premiums have risen dramatically over the past few years, for consumers insuring personal vehicles and for businesses insuring commercial vehicles.

“Nuclear verdicts are associated with jurisdictions that are considered to be favorable to plaintiffs,” said Greg Feary, president and a managing partner at Indianapolis-based law firm Scopelitis Garvin Light Hanson & Feary P.C., which specializes in transportation law.

“Indiana does not have any such areas,” Feary said, “but if an Indiana-based company’s vehicle is involved in an accident in one of these locations, the accident could end up in litigation there.”

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News from Scopelitis is intended as a report to our clients and friends on developments affecting the transportation industry. The published material does not constitute an exhaustive legal study and should not be regarded or relied upon as individual legal advice or opinion.

IBJ: Auto insurance rates keep rising

Scopelitis President & Managing Partner Greg Feary in the IBJ on why auto insurance premiums have risen dramatically over the past few years, for consumers insuring personal vehicles and for businesses insuring commercial vehicles.

“Nuclear verdicts are associated with jurisdictions that are considered to be favorable to plaintiffs,” said Greg Feary, president and a managing partner at Indianapolis-based law firm Scopelitis Garvin Light Hanson & Feary P.C., which specializes in transportation law.

“Indiana does not have any such areas,” Feary said, “but if an Indiana-based company’s vehicle is involved in an accident in one of these locations, the accident could end up in litigation there.”

Read the full article: IBJ – Auto insurance rates keep rising

Click the image to download the full IBJ article.

 

 

 

News from Scopelitis is intended as a report to our clients and friends on developments affecting the transportation industry. The published material does not constitute an exhaustive legal study and should not be regarded or relied upon as individual legal advice or opinion.