I agree to an extent about the reasons many insurance companies settle when sued. That said I have yet to see a lawyer that thinks a case isn't winnable. As long as they get paid for their time, they will fight and try to place the liability on anyone even remotely involved in the situation, whether said entity really had any culpability. In that case they will spin things any way they can to insure said entity has culpability and go from there. The fact that a situation such as the one mentioned here can happen is proof enough of that fact.
Basically, like you say, the insurance company has had to become they way they are, and raise premiums so they can still make their 'obscene' profits (and who doesn't like an obscene profit margine), and still be able to pay out for those nuisance cases when they arise.
Ultimately it's the lawyers, and their ability to build their own wealth through others greed, and sense of entitlement, that have caused the whole problem. True the contingency basis for payment, will help folks that wouldn't otherwise be able to file a lawsuit when actually wronged do so, and that's a good thing. Unfortunately, it has become too much of a good thing. So, folks like those mentioned here are using the system, via the shyster lawyers, to line their pockets at the expense of the business world, and ultimately the average consumer.
Funny thing the very ones that are apt to sue over something stupid are the same ones that will b!tch and moan about how high insurance premiums are, how much stores charge, etc, etc....when it's their own actions that are one of the main causes that things are as high priced as they are.
Get rid of the shysters, quit letting lawyers advertise for BS cases on TV (hey they made cigarette mfgs stop advertising, so it can be done), and maybe some of the BS lawsuits will stop.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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