For years car insurance companies have decried the “greed” and audacity of personal injury plaintiffs and their lawyers for bringing lawsuits over injuries in car accidents. Now, irony of ironies, these same insurance companies are launching a tidal wave of lawsuits as they go after the uninsured and underinsured.
Let me be clear; there is nothing wrong or immoral about an insurance company seeking subrogation. The concept is sound. What is disguising is their willingness to sue the uninsured into a lifetime of debt. It is a fact that trial lawyers do not personally sue uninsured individuals unless there are substantial assets. Why not? Not only is it unproductive because liquidating meager assets yields little cash but there is a fairness problem. No right minded lawyer wants to sue an average person into the poorhouse over a negligent act.