Lawyers Who Fight Corporate Predators For The People
I first heard about William M. Shernoff in the mid-nineteen seventies when he was pioneering a field of law known as insurance bad faith litigation. That ‘bad faith’ occurs is when insurance companies deny legitimate claims or try to use deceptive fine print clauses to escape policy coverage. He was starting to collect both compensation for his clients and large punitive damages when the evidence showed insurance companies were imposing these abuses on many thousands of their customers. One day I called Attorney Shernoff and said that if he would match my $25,000 donation, we could start the National Insurance Consumer Organization (NICO) headed by the former Federal Insurance Commissioner, J. Robert Hunter, the pro-consumer actuary who served under both Presidents Ford and Carter.