The Surprising Impact of Mass Tort Lawsuit Advertisements on the Insurance Industry
Boston, Massachusetts – When mass tort lawsuit advertisements appear on TV screens, many consumers are quick to change the channel. However, according to Rustin Silverstein, president and founder of legal services company X Ante, it may be unwise to ignore these ads, particularly for those in the insurance industry. Silverstein believes that the surge in attorney advertising promoting mass tort lawsuits requires attention. In a recent webinar hosted by the Travelers Institute, Silverstein revealed that lawyers and others spent an estimated $1.2 billion on TV ads last year. More than 16 million advertisements ran in … Read more