Nuclear verdicts are growing at an alarming pace. Healthcare risk managers face increasing challenges in purchasing an insurance tower sufficient to withstand a nuclear verdict. Filling the tower can be difficult as insurers assess their willingness to bear nuclear verdict risk, and existing insurance towers may not provide adequate coverage in this new environment. Stress
The rising use of AI agents across healthcare will inevitably produce claims when those agents make the wrong call. The question that lands on the risk manager’s desk is which policy responds. Until recently, policyholders could reasonably assume that AI risks were folded into their existing insurance program. The market is moving quickly to change
For healthcare providers, professional liability coverage protects against financial and reputational risk. A provider’s reputation and credentials can be worth far more than any single claim — and providers depend on their insurers to defend against those risks. The Georgia Court of Appeals recognized these realities in Mag Mutual Insurance Company v. Perera, A26A0733
Like most states, Florida enacted a risk-shifting statute for attorneys’ fees and costs when litigants make a statutory proposal for settlement. Florida Statute § 768.79 establishes that framework for proposals for settlement (also known as offers of judgment) in civil lawsuits. The 2nd District Court of Appeal’s recent decision in Hurst v. Bell, No.