Insurance attorneys address the impact of nuclear verdicts

Many policyholder attorneys believe that nuclear verdicts are a response to a crisis and therefore justify premium increases and more numerous policy exclusions.

Meanwhile, the insurance industry maintains that nuclear verdicts and social inflation, which Berkshire Hathaway CEO Warren Buffett once described as “a broadening definition by society and juries of what is covered by insurance policies,” pose tremendous issues. Click here to read more. 

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