📣Agents: In today’s hard market and evolving legal environment, you must keep your finger on the pulse of nuclear verdicts and claims trends to adopt proactive strategies. Thermonuclear verdicts, third-party litigation funding and TBI claims are shaping the current insurance landscape — and your insureds are counting on you to help them navigate these challenges and safeguard their operations. Help your insureds prepare — and avoid or minimize costly claims — with these and other tips from our resident claims expert Wayne King. Read more here: https://lnkd.in/en8hk4i8 #claims #industrytrends #PCAgents #thermonuclearverdicts #TPLF #TBIclaims
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Nuclear verdicts are typically defined by those in the insurance industry as verdicts which exceed $10 million. There's also a related term known as a thermonuclear verdict, which involves jury verdicts in excess of $100 million. https://lnkd.in/gcpzKHBk
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CLM and non-CLM members! Are you prepared to defend against corporate identity bias in the courtroom? Join Tyson & Mendes Strategic Managing Partner Robert Tyson and Partner & Head of Communications Ashley Paige Fetyko on August 28 for a webinar with CLM Alliance (Claims and Litigation Management Alliance), where they’ll share expert strategies on how to effectively personalize the corporate defendant to prevent Nuclear Verdicts®. Don’t miss out on this opportunity! Learn more and register here: https://hubs.la/Q02LPq4d0 #TysonMendes #CLM #NuclearVerdictsDefense #InsuranceDefense #NONuclearVerdicts #JusticeforAll #CorporateIdentityEffect #AntiCorporateBias #NuclearVerdicts
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⚖ Navigating today's legal landscape can be tricky for insurers, reinsurers, and program administrators. Join this session to explore strategies for tackling nuclear verdicts, social inflation, and litigation financing head-on. Learn more here: https://lnkd.in/e2G99Nqm
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Nuclear verdicts have continued to rise this year, with more claims being settled for higher amounts. In our new video series, Brandon Newlands, Esq., SVP & Senior Director of Coverage & Claims, explores the various factors contributing to the current landscape. From jurors’ perception of corporate greed to economic inequalities, Brandon breaks down why juries are increasingly awarding higher damages. #InsuranceTrends #NuclearVerdicts #CorporateLiability #RiskManagement #InsuranceClaims
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Please join us for a discussion regarding the public outcry against insurance companies in the wake of the murder of the CEO of United Healthcare, what we can learn from it in connection with nuclear verdicts, and how the inflamed sentiment could impact juror decision-making in 2025.
From Public Outrage to Courtroom Outcomes: Navigating Nuclear Verdicts in 2025 | January 21, 2025 The recent murder of the United Healthcare CEO has sparked intense public reactions, potentially reshaping perceptions of the insurance industry. Are these sentiments setting the stage for even larger nuclear verdicts in 2025? Attorneys and claims professionals can’t afford to miss this timely discussion on how this incident may “fuel the fire” of jury animus and what steps to take to combat the rising tide of nuclear verdicts effectively. Register today. Our featured speakers and moderators for this event will be Michelle Arbitrio, Peter Biging, Nicholas Gumpel, Heather Snider-Levinsky, Paul Motz, Kevin O'Hagan, Frances OMeara, and Sean Pierce Register today! https://lnkd.in/gtkP2rjB
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The Texas Legislature should take a close look at the factors contributing to nuclear verdicts in the Lone Star State, including anchoring, rampant attorney advertising, inflated medical damages, and others. Go further: https://bit.ly/3WdPJma #txlege #Texas #nuclearverdicts #courts #lawsuits #trucking #litigation
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The countdown is on! ⏳ Tomorrow, TM HALO® Trial Partners Robert Tyson, Mina Miserlis, and E. Holland "Holly" Howanitz dive into why Nuclear Verdicts® keep happening—and what’s holding back insurance companies and their counsel from stopping them. This session tackles the most common objections to using proven defense methods, like: ❌ “If we accept responsibility, it will look like an admission of fault.” ❌ “If we give a number, we are setting a floor for damages.” ❌ “The judge will not let us personalize our client, so we are not going to even try.” If the industry wants to stop Nuclear Verdicts®, it’s time to change. This is your chance to learn how to flip the script, challenge the status quo, and take back justice. There is still time to register—don’t miss it! Register now: https://hubs.la/Q02TV4J90 #TMHALO #NuclearVerdicts #StopNuclearVerdicts #InsuranceDefense #TrialTactics #JusticeForAll #TysonMendes #NoNuclearVerdicts #TakeAction
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🚨 Understanding Nuclear Verdicts in 2023 In 2023, nuclear verdicts surged to a record $14.5 billion, a 27% increase from the previous year. According to the report "Corporate Verdicts Go Thermonuclear" as seen in Insurance Journal, the median #nuclearverdict rose to $44 million, up from $21 million in 2020. These large jury awards are reshaping the #risklandscape for businesses across various sectors. Product liability cases, especially high-profile claims, led the charge, significantly impacting industries like real estate, chemicals, and automobiles. Our team specializes in navigating these complex #risks. Contact us today to learn more about our tailored #riskmanagement solutions. 🔗 https://hubs.la/Q02zTNX_0 #BusinessInsurance #WIA
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How can you help prevent one of the largest factors to social inflation? Our recent US Litigation School webinar focusing on social inflation and nuclear verdicts, featuring defense Partners Fred Fein and Holly Polglase, covers this inflated verdict/settlement phenomenon. Fred and Holly share ways in which you can help stop nuclear verdicts, including having a detailed strategy and theme. Watch the complete US Litigation School Social Inflation & Nuclear Verdicts Webinar: https://bit.ly/3HQtBqY If you have questions for our lawyers navigating these risks, reach out to https://bit.ly/3UuCqOI #litigationschool #socialinflation #nuclearverdicts
US Litigation School Social Inflation & Nuclear Verdicts Webinar - How to stop it (Part 1)
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Learn how to effectively manage litigation risks in the transportation industry and safeguard your business from nuclear verdicts and social inflation. https://bit.ly/4er2sZC #Transportation #BusinessInsurance #MarshMMA
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