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Nuclear Verdicts®, Social Inflation, and Why They Matter to the Insurance World

Nuclear Verdicts®, Social Inflation, and Why They Matter to the Insurance World

Quick Overview

Everyone sees the billboards. Law firms are marketing the large settlements and verdicts that they have secured. How are they getting those awards? Sometimes it's a settlement, but sometimes it's awarded by a court. When the court hands down a decision awarding $10 million or more, that's considered a nuclear verdict, according to some definitions. These Nuclear Verdicts® and the social inflation that they contribute to are the subjects of this session. Join us as Laura Gregory and Tim Fletcher help us to understand these concepts and help us to understand why we should care. 


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Duration 1 hour
Location Online Webinar
Formats On-Demand
Instructor Laura GregoryLaura Gregory

Laura and Tim will discuss recent breathtaking verdicts and stratospheric settlements and the causes of what has been called an era of Social Inflation. They will discuss the “new normal” of escalating claim losses and explosive jury verdicts.

This wide-ranging discussion will:

  • Define social inflation and describe how it impacts claim losses and jury verdicts.
  • Explore the “root causes” of social inflation and shock verdicts.
  • Address whether social inflation represents a legitimate industry threat  
  • Explore how both social inflation and Nuclear Verdicts® are impacting the insurance industry now and going forward.
  • Identify what can be done to mitigate escalating claim losses and nuclear verdicts. 
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