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Gravely PC Founder Marc Gravely Discusses Insurance Company Profits in Texas Edition of Best Law Firms Magazine

Gravely PC founder Marc Gravely recently wrote an article for Best Lawyers’ 2024 Best Law Firms – Texas Edition.

In “American Independence: The Insurance Industry’s Grip on Our Nation, Our State, and Our Bank Accounts,” Marc discusses the ways in which insurance companies loom over every facet of business in America and all over the world, and how a strong earnings report and the needs of the customer are fundamentally at odds with one another.

Marc says, “Advertising jingles aside, insurance companies are in business to turn a profit, and to do so, many have developed strategies to reduce claim payments to avoid a drag on their bottom lines.”

He also discusses ways in which insurance companies avoid liability by keeping cases outside the courtroom, and how these tactics can cause more damage to a company than the circumstances that caused it to file an insurance claim in the first place.

You can learn more on Best Law Firm’s website.