March 30, 2023 at 3 pm:
HUB International presents:
Shock Verdicts and their Actuarial Impact: The Ripple Effect of Massive Jury Awards
Thursday, March 30, 2023
Franklin Marriott Cool Springs (Map)
700 Cool Springs Blvd
Franklin, TN 37607
3:00pm – 4:30pm Panel Presentation in the Arabian Room
4:30pm – 6:00pm Happy Hour at Stave Bar sponsored by Curi Insurance
Description: Healthcare organizations face a myriad of pressures from both an operational and financial perspective. One of these is medical professional liability claims that continue to see “nuclear verdicts” with alarming frequency. This reality has fueled a significant increase of loss trends. This educational session will demystify some of the “reasoning” behind this social inflation from a large loss, actuarial and underwriting perspective. A panel of legal, actuarial and underwriting experts will discuss this trend and how it impacts your total cost of risk.
Gain a better understanding of the overall “shock verdicts” across the US.
Gain insight as to the “how and why” this trend impacts your loss costs and total cost of risk from both an insurance premium and self-insured perspective.
Better understand how the underwriting community views this trend and how it impacts their overall decision-making process.
Peter H. Reilly, AIC, ARM, MS Healthcare Practice Leader & Chief Sales Officer HUB International
Enoch Starnes, Actuarial Consultant, SIGMA Actuarial Consulting Group, Inc.
Stratton Horres, Attorney at Law, Wilson Elser Moskowitz Edelman & Dicker LLP
Sean Farrelly, SVP, Underwriting at Curi Insurance
We look forward to seeing you there!
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