How empathetic claim management helps avoid large jury awards and nuclear verdicts
Defined as judgments amounting to more than $10 million, nuclear verdicts are well-known in the insurance industry. And over the years, the ceiling just keeps rising.
But while large jury awards and nuclear verdicts are likely not going to stop anytime soon, there may be ways for companies to mitigate their exposure.
In this article, learn how an advocacy-based approach that prioritizes care for injured parties can help claims organizations avoid litigation and achieve quicker, less costly settlements.