According to the May 2009 issue of Best’s Review:
“Sixty-nine law firms with insurer defense practices have been recommended for at least 75 years by the insurance companies they have represented.”
“When A.M. Best Co. began rating the financial strength of insurance companies in 1906 subscribers began requesting information on insurance attorneys who were competent to handle their litigation, adjustments and investigations. As the frequency of these requests increased, the company began, in February 1929, to publish the reference work now known as Best’s Directories of Recommended Insurance Attorneys and Adjusters.”
The process for a law firm to become recommended has not changed much since the 1920s. Over time, A.M. Best has conducted research and gathered information from insurance companies to determine potential listees. Once a firm has been selected as a potential listee, the firm is contacted once a year and asked to submit an application to A.M. Best. The firm must provide names of their insurance company clients. A.M. Best contacts these companies for feedback on the firm’s work and services. If the feedback from these clients is positive, the firm can be listed and recommended in the publication.”
Founded in 1871, Wells Marble is honored to have been recommended by our insurance company clients for at least 75 years.