Companies continue to grapple with high-stakes litigation and nuclear verdicts. Check out The Wall Street Journal article featuring KemperLesnik client CAC Specialty, offering insight on how to navigate this escalating challenge: https://lnkd.in/gDxSMRTE #NuclearVerdicts #RiskManagement

Excited that The Wall Street Journal included Marathon Strategies LLC's data on nuclear verdicts in today's story exploring the issue. From my many posts on the topic, our analysis provides a deep dive on how rising jury verdicts impact a variety of industries, the factors causing them, and the state tort reform legislative landscape. To learn more about how Marathon can help your company manage the reputational risks associated with litigation and potential nuclear verdicts, get in touch with me. And be sure to check out the full WSJ article. #NuclearVerdicts #RiskMitigation #DataDrivenStrategy #communications https://lnkd.in/e7T_B28W

The HUB EDGE isn't the newsletter you're used to, and that's a good thing. Read our refreshed take on a monthly newsletter that explores the big issues impacting businesses now, and in the future, starting with our first issue tackling third party litigation financing. I can't wait for you to read Tick Tick Boom: The Rise of Nuclear Verdicts. https://ow.ly/PjNP30sBslT #theHUBEDGE #nuclearverdicts

In the world of trucking, discussions about nuclear verdicts often take the spotlight. These jaw-dropping jury awards, often exceeding $10 million, send shockwaves through the industry. However, as litigation expert Steve Wood recently highlighted, it’s not just the verdicts that should raise concern; nuclear settlements have shown to be a real risk for trucking companies. We’re living in a landscape where carriers are settling cases for staggering amounts, far beyond what might be necessary. Read more on the latest blog: https://lnkd.in/gvyVAhfw

🚨 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

We are pleased to share our 2024 U.S. casualty market report: https://lnkd.in/eVcF9qcx 💡 A few key takeaways: - Embedded auto exposures require further scrutiny - Limits and attachment points must be actively managed - Nuclear verdicts are on the rise, litigation funding is fanning the flames Read the report to learn more from our leading experts!

The HUB EDGE isn't the newsletter you're used to, and that's a good thing. Read our refreshed take on a monthly newsletter that explores the big issues impacting businesses now, and in the future, starting with our first issue tackling third party litigation financing. I can't wait for you to read Tick Tick Boom: The Rise of Nuclear Verdicts. https://ow.ly/xy3q30sBAfb #theHUBEDGE #nuclearverdicts

The HUB EDGE isn't the newsletter you're used to, and that's a good thing. Read our refreshed take on a monthly newsletter that explores the big issues impacting businesses now, and in the future, starting with our first issue tackling third party litigation financing. I can't wait for you to read Tick Tick Boom: The Rise of Nuclear Verdicts. https://ow.ly/VyKS30sBu3U #theHUBEDGE #nuclearverdicts

The HUB EDGE isn't the newsletter you're used to, and that's a good thing. Read our refreshed take on a monthly newsletter that explores the big issues impacting businesses now, and in the future, starting with our first issue tackling third party litigation financing. I can't wait for you to read Tick Tick Boom: The Rise of Nuclear Verdicts. https://ow.ly/VyKS30sBu3U #theHUBEDGE #nuclearverdicts

The HUB EDGE isn't the newsletter you're used to, and that's a good thing. Read our refreshed take on a monthly newsletter that explores the big issues impacting businesses now, and in the future, starting with our first issue tackling third party litigation financing. I can't wait for you to read Tick Tick Boom: The Rise of Nuclear Verdicts. https://ow.ly/5Aqj30sBs9L #theHUBEDGE #nuclearverdicts