Sonia Valdes, Vice President of Medmarc's Claim Department, will be speaking at a panel in the CLM 2021 Annual Conference in Atlanta, GA.
To Opioids, COVID, and Beyond! Insurance Coverage and Other Tools to Abate the Nuisance Driving Social Inflation
Although many factors drive social inflation, one key item in the plaintiffs’ toolbox is public nuisance. Driven in part by the multi-million-dollar settlements in the opioid litigation, the plaintiffs’ bar is increasingly turning to public nuisance as a tool to propel nuclear verdicts and settlements. Using opioids and other types of public nuisance lawsuits, including climate change, vaping, and COVID-19, as case studies, this seminar will discuss how public nuisance claims impact social inflation. Secondarily, we will address existing insurance coverage defenses to nuisance claims, including whether damages are “because of” bodily injury, “whether abatement remedies should be considered “damages” under a liability policy, as well as forward-looking options to temper the risk of exposure arising from public nuisance claims, including exclusionary endorsements, other underwriting considerations, and legislation.
Jodi Green | Nicolaides Fink Thorpe Michaelides Sullivan
Paige Houin | Bates Carey
Sonia Valdes | Medmarc