Targeting the Rich: Liability Lawsuits & the Threat to Families with Emerging & Established Wealth
In these highly uncertain economic times, the issue of disparities in wealth, income, and taxation has become the subject of heated debate. As the controversy deepens and proliferates, newly released research by ACE Private Risk Services, the high net worth personal insurance business of the ACE Group, shows that many high net worth families are concerned this environment is heightening the risk they will be the target of a high-stakes liability lawsuit.
Their wealth, they increasingly fear, can attract lawsuits. Aside from the financial impact, high net worth individuals fear the stress of protracted legal proceedings and risk damage to their reputations and ability to earn an income.
Read the white paper to learn more about the threat to families with emerging and established wealth.