Social Inflation Nuclear Verdicts at Amy Kugler blog

Social Inflation Nuclear Verdicts. The increase in nuclear verdicts and social inflation creates a tough situation for liability claims in the united states. “nuclear verdicts” refers to the mushrooming jury award trend resulting from states raising or eliminating caps on punitive damages (*not covered by insurance) and pain & suffering. A new era for social inflation: The drivers of nuclear verdicts and what the insurance industry calls social inflation are well documented. There are several major contributors to increased litigation costs and social inflation, though. To handle this, it is important for businesses, insurers, and legal. What’s behind the explosion in “nuclear verdicts”? From a us$340 million award in compensatory damages against a large corporation to a nearly us$301 billion verdict. Nuclear verdicts in the united states are breaking records with 27 court cases each awarding compensation of more than $100.

The Ripple Effect of Social Inflation and Nuclear Verdicts on the Insurance Industry
from www.amwins.com

What’s behind the explosion in “nuclear verdicts”? From a us$340 million award in compensatory damages against a large corporation to a nearly us$301 billion verdict. To handle this, it is important for businesses, insurers, and legal. The drivers of nuclear verdicts and what the insurance industry calls social inflation are well documented. A new era for social inflation: The increase in nuclear verdicts and social inflation creates a tough situation for liability claims in the united states. There are several major contributors to increased litigation costs and social inflation, though. Nuclear verdicts in the united states are breaking records with 27 court cases each awarding compensation of more than $100. “nuclear verdicts” refers to the mushrooming jury award trend resulting from states raising or eliminating caps on punitive damages (*not covered by insurance) and pain & suffering.

The Ripple Effect of Social Inflation and Nuclear Verdicts on the Insurance Industry

Social Inflation Nuclear Verdicts What’s behind the explosion in “nuclear verdicts”? “nuclear verdicts” refers to the mushrooming jury award trend resulting from states raising or eliminating caps on punitive damages (*not covered by insurance) and pain & suffering. Nuclear verdicts in the united states are breaking records with 27 court cases each awarding compensation of more than $100. From a us$340 million award in compensatory damages against a large corporation to a nearly us$301 billion verdict. What’s behind the explosion in “nuclear verdicts”? To handle this, it is important for businesses, insurers, and legal. There are several major contributors to increased litigation costs and social inflation, though. The drivers of nuclear verdicts and what the insurance industry calls social inflation are well documented. A new era for social inflation: The increase in nuclear verdicts and social inflation creates a tough situation for liability claims in the united states.

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