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De-escalating Social Inflation and Diffusing Nuclear Verdicts
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This session will tackle the “new normal” of escalating claim losses and explosive jury verdicts. Our wide-ranging discussion will: (1) Define social inflation and describe how it impacts claim losses and jury verdicts; (2) Explore the “root causes” of social inflation and shock verdicts; (3) Address whether social inflation represents a legitimate industry threat; and (4) Identify what can be done to mitigate escalating claim losses and nuclear verdicts.
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