US Nuclear Verdicts Break Records and Drive Social Inflation to 7% in 2023: Report September 11, 2024 By L.S. Howard Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than US$100...
Defense Institute Aims to Educate, End ‘Skyrocketing’ Nuclear Verdicts July 29, 2024 By Allen Laman Robert Tyson believes the defense bar’s lawsuit approach is overdue for an overhaul. The U.S. Chamber of Commerce Institute for...
Florida Jury Says Chiquita Brands Must Pay $38M for Colombia Deaths June 13, 2024 By Curt Anderson Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia’s long civil war...
US Chamber of Commerce: Nuclear Verdicts’ Amount, Frequency Continue to Increase June 10, 2024 By Chad Hemenway A recent report from The U.S. Chamber of Commerce Institute for Legal Reform (ILR) has found that nuclear verdicts of...
Judge Cuts Bayer $2.25 Billion Roundup Verdict to $400 Million June 5, 2024 By Dietrich Knauth A Pennsylvania judge on Tuesday slashed a $2.25 billion U.S. verdict against Bayer to $400 million for a Pennsylvania man...
Survey: Mid-Market Leaders Peg Cyber, Economy and Regulation as Top Concerns May 30, 2024 By Jahna Jacobson Business leaders place cybersecurity, the economy, regulatory challenges and global instability among their top concerns for the coming year, fueled...
Georgia Statute of Limitations Not Automatically Tolled in Negligent Security Cases May 21, 2024 By John "Jack" McCall Insurers covering property in Georgia could be on the hook for personal injuries occurring on the premises if the property...
Nuclear Verdicts Surge to $14.5 Billion in 2023 – Report May 10, 2024 By Ezra Amacher Nuclear verdicts of at least $10 million reached a 15-year high in 2023, while 27 verdicts were “thermonuclear,” or more...
Viewpoint: Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation March 14, 2024 By Tony Rai Executive Summary: Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers...
3M Begins Payments to Service Members in $6B Earplug Settlement January 24, 2024 (AP) — 3M has started paying out its $6 billion settlement to U.S. service members who say they experienced hearing...