According to professionals in the insurance industry and the defense bar, the number of nuclear verdicts, or verdicts that exceed $10M, is on the rise. Although the defense may prevail over plaintiffs more often at trial, when the defense loses, they lose big. And plaintiffs who could have obtained needed resources in settlement, sometimes "roll the dice" at trial and get less, or nothing at all.
Do clients really want to engage in such high stakes showdowns?…
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