After Nuclear Verdicts: Time to Exit the Fallout Shelter and Try Cases

Although nuclear verdicts are real and frightening, we will examine whether this is the insurance industry’s biggest threat or the steady upward creep of monetary verdicts that juries are now delivering. Our panel of insurance stakeholders will analyze the trends and reasons why jury verdicts are seemingly always increasing and offer suggestions on how to resolve cases fairly for all parties.

Pillinger Miller Tarallo and St. John’s Tobin Center for Executive Education and its Greenberg School of Risk Management Proudly Present Our 4th Conference Series Webinar. This is an excerpt from our webinar on Tuesday, March 29, 2022. 

Webinar Panelists

Moderator: Thomas M. Bona, Esq., Partner – Pillinger Miller Tarallo, LLP

Jeffrey T. Miller, Esq., Executive Managing Partner – Pillinger Miller Tarallo, LLP

Jeffrey D. Schulman, Esq., Executive Managing Partner – Pillinger Miller Tarallo, LLP

Ernest J. Bernabei III, Esq., Managing Partner – Pillinger Miller Tarallo, LLP

Jeffrey Block, Esq., Partner – Block O’Toole & Murphy

Anthony Coleman, Senior Vice President, Claims – Tradesman Program Managers

Professor Jack Jennings – St. John’s Greenberg School of Risk Management

Professor Albert J. Beer – St. John’s Greenberg School of Risk Management XL Chair

Agenda

2:00 pm

Opening Remarks

Thomas M. Bona, Esq., Partner – Pillinger Miller Tarallo, LLP

2:00 pm – 3:30 pm

• How much of a threat to the insurance industry are nuclear verdicts, runaway verdicts, and social inflation?


• Were nuclear verdicts an accident waiting to happen, or should we have anticipated this?


• Is it reasonable to prepare every accident case as a potential nuclear case, and will insurance companies pay for it?


• How can companies and insureds protect themselves?


• Are verdicts like home prices that never seem to go down?


• Does the focus on nuclear verdicts obscure and distract from resolving cases?


• Is the insurance industry helping create runaway and nuclear verdicts by failing to settle cases aggressively, and is it still true that the best case is settled?

https://pmtlawfirm.com/after-nuclear-verdicts-time-to-exit-the-fallout-shelter-and-try-cases/