Events

The Pyramid of Success for Stopping Social Inflation: Lessons Learned from Coach Wooden and Other Sports Greats

Speaker: Sitar Bhatt

Sports and coaching legend John Wooden developed a Pyramid of Success in 1948, laying out the key behaviors, traits, and practices he identified through his groundbreaking coaching method as those most likely to lead to success. What can we learn from Coach Wooden and other sports greats like Shaquille O’Neil, Venus and Serena Williams, Wayne Gretzky, and Tiger Woods about stopping social inflation and taking back justice for all?

Our panelists will discuss claims handling and defense strategies to address the uphill battle of social inflation, driven by outsized and unjust awards and settlements, applying proven strategies and lessons from sports heroes who know how to win. Attendees will come away reinvigorated and determined to use the Pyramid of Success for Stopping Social Inflation throughout prelitigation, litigation, and trial to stem the tide and return sanity to the industry.

The Call is Coming from Inside the House! The Horrors of Third Party Litigation Funding

Speaker: Jennifer Akre

You know that moment in the horror movie when the killer is unmasked? The revelation, the shock—now you know exactly who the killer is and what they want.

Join our panelists for a riveting session as we unmask the shady secrets of third-party litigation funding. Who are these funders? What do they stand to gain from this? What do their investments and agreements actually look like? How do they drive litigation? What impact does their involvement have om medical treatment, case valuation, demands, and settlements? How will they impact our industry as calls for regulation grow? We’ll uncover the scary truth behind the litigation funding industry.

But don’t worry—like any hero, the insurance industry will survive! Learn about the ways we can fight back against litigation funding and its horrific impacts. You will leave empowered to fight back with investigation, discovery tactics, prelitigation considerations, and litigation strategies!

Reverse Engineering a Nuclear Collapse

Speaker: Scott Ruksakiati

Crane collapses represent fertile ground for Nuclear Verdicts®: injuries are usually catastrophic, damages are headline-grabbing, and juror anger runs high. This panel will be a deep dive into a crane collapse case that resulted in a Nuclear Verdict®, and experts will share what went wrong to lead to the outsized and unjust result.  We will highlight what went wrong, and more importantly, what four steps can be taken to defuse juror anger, mitigate risk, and stop Nuclear Verdicts® before they happen.

Through a practical and insightful discussion using a real case as an example, our panelists will lend their trial and construction expertise to discuss what red flags claims professionals and their counsel should consider, and what steps must be taken to mitigate damages and risk in these dangerous cases. What is driving outsized jury awards across the country, and what practical tools exist to stop the madness? Attendees will come away with a better understanding of the psychology at play when Nuclear Verdicts® are delivered, and will empowered to take back justice – for all.