Carrier Management – April 22, 2022
Insurance carriers, are you and your defense counsel ready for the “perfect storm” of litigation that is coming once the pandemic is over? Are your teams trained to defend against the increasing wave of nuclear verdicts—jury verdicts of $10 million or more, or those in which non-economic damage awards are disproportionate to the economic damages—that is sure to come?
If you cannot confidently say “yes” to these questions, the time to remedy that is now!
One way is to make sure your defense team knows how to personalize—read humanize—the corporate defendant. The following are some core ways to do just that and, ideally, minimize the chances of an exorbitant jury verdict at trial…