PI attorneys, Exaggerating Claimants, or Insurance Companies…who is the bad guy?

Stereotypes are all over. Here are a few:

PI attorneys are take advantage of “the system” to siphon off money for clients who aren’t hurt as badly as they say and to make profit for themselves.

Claimants exaggerate their injuries for profit, and some even do this as a part-time occupation. They file false claims with insurance carriers and cost honest premium-payers money.

Insurance companies are megalomaniacal corporations with more money than heart and play a gambling game that they refuse to lose, along with their bought and paid-for politicians.

Are any of these exactly correct? What’s your opinion? I’d love to hear it. Here’s mine:

There are good and bad folks in every walk of life. There are honest PI attorneys and there are scheisters. There are claimants with legitimate injuries and claims and there are scammers. But do the scheisters and the scammers represent all of us? Obviously not. But do those bad apples make the rest of us look bad and cause problems? You bet.

Insurance companies are in a for-profit business and like the rest of us do their best to manipulate circumstances to their financial advantage. Who can blame them?

I can blame them. It’s a matter of scale. Insurance companies have vast resources, and have over the years spent a ton of time in money to mold a system that favors them. So when a person has a legitimate claim, it’s vastly unfair when a multi-billion dollar company refuses a $10,000 claim. How can the little guy fight and win? And how many times do they do this to almost powerless injured people each day? Thousands?

It’s a circular problem, I know. But think about it and see if there’s anything you can do to change the system. I’d love to hear your thoughts.