0      0

2020 Recordings


DRI8066 - Social Inflation And The Litigation That Follows


May 15, 2020 11:00am ‐ May 15, 2020 12:30pm

Standard: $100.00
Members: $50.00

Description

CLE is currently unavailable for this session.

Social inflation can broadly be described as the increase in the number and severity of insurance losses due to social factors. The social factors include excessive jury awards and the desensitization of juries (and judges) because of social media and the unfiltered reporting of these cases. This along with the increasing political rhetoric of socialistic philosophies and anti-capitalistic mindsets that further vilify companies, the effect of third party funding on juries and the increases in health care spending and legal and regulatory changes, all contributing to the plethora of excessive verdicts and significant market volatility.

We plan to explore the concepts behind "social inflation" and the factors driving the cultural shift in society, and the various issues driving the current legal climate. Understanding these factors and their effects will allow attorneys and claim adjusters to better analyze claims, discover, defend and more accurately assess insurer's risk of loss.

Who Should Attend

  • Insurance defense attorneys
  • Insurance defense law firms
  • Insurance/claim adjusters

What You Will Learn

  • What is social inflation
  • The drivers of insurance loss
  • How social inflation impacts jury verdicts
  • Third party litigation funding and increased medical costs.

Speaker(s):

Tags: Social Media

You must be logged in and own this session in order to post comments.

Print Certificate
Completed on: token-completed_on
Print Transcript
Please select the appropriate credit type:
/
test_id: 
credits: 
completed on: 
rendered in: 
* - Indicates answer is required.
token-content

token-speaker-name
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
token-index
token-content
/
/
token-index
token-content
token-index
token-content