Shock Verdicts and their Actuarial Impact

700 Cool Springs Boulevard,Franklin TN 37067

30 March, 2023

Description

Join the TNSHRM on March 30 as HUB International presents: 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. Reception to follow at the hotel's Stave Bar (sponsored by Curi Insurance) Attendees will: 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.Expert Panelists: Peter H. Reilly, AIC, ARM, MS Healthcare Practice Leader & Chief Sales Officer HUB InternationalEnoch Starnes, Actuarial Consultant, SIGMA Actuarial Consulting Group, Inc.Stratton Horres, Attorney at Law, Wilson Elser Moskowitz Edelman & Dicker LLPSean Farrelly, SVP, Underwriting at Curi Insurance_________ 3:00 – 4:30 pm Panel Presentation in the Arabian Room 4:30 – 6:00 pm Happy Hour at Stave Bar sponsored by Curi Insurance