2024 CPCU Society In2Risk

November 7-9, 2024

Disney’s Coronado Springs Resort
1000 W Buena Vista Drive
Lake Buena Vista, FL 32830

Questions? Register 

Are You At Risk for a Nuclear Verdict®?

November 7, 2024 at 2:30 PM-3:30 PM ET

 

Are you at risk for a nuclear verdict®, or recently a thermonuclear verdict? Join us for an expert panel discussion on the exponential rise of nuclear verdicts, or verdicts in favor of the plaintiff with a damage award over $10 million. Issues resulting from emerging risks and exposures, contract mismanagement, and claim inaction can lead to inflated awards. Usually unexpected, these court awards have a significant effect on insurers’ loss ratios, insureds’ premiums, and on society as a whole, raising costs for consumers. The panel will discuss the causes, including trial advertising, unregulated third-party funding, growing mistrust of corporations, and social inflation. The  panel will also present signals that can identify cases heading in the wrong direction and provide suggestions for mitigating and defending these cases at trial.