Apr 29, 2022
PMT Podcast - "After Nuclear Verdicts: Time to Exit the Fallout Shelter and Try Cases" Webinar
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
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?