Understanding Nuclear Verdicts is the First Step in Preparing for—and Preventing—Them
- Construction in the Courts, Documentation, Outlook & Trends
- February 27, 2024
The rise in nuclear verdicts, and how to understand them. Nuclear verdicts, a relatively recent trend in litigation, refer to legal judgments that bestow significant sums of money upon plaintiffs. The term “nuclear” indicates the potentially devastating financial impacts on businesses and the insurance industry. To be classified as a nuclear verdict, a payout must exceed $10 million, with some reaching astronomical figures in the billions. The exorbitant nature of these rulings is the subject of debate regarding the proportionality of compensation in relation to the damages suffered.
READ MOREFor more than 25 years, Skip Daum has been the main face of the American Subcontractors Association (ASA) in California. While his renowned wit and sparkling personality, not to mention the amazing achievements on behalf of ASA of California, will be missed, there is no way to measure our partnership as anything other than a
READ MORE…and the Human and Financial Ramifications of Managing vs NOT Managing Industry and Illness Risks and Exposures By Robert Tuman, CCR Safety Consulting TAKEN FROM A RECENT OSHA.GOV FATALITY AND CATASTROPHE LIST (NOTE THAT OSHA IS REPORTING DECEASEDS’ NAMES AND AGES): “4/10/22 Salena Williams (62) suffered fatal injuries in fall onto sidewalk” “3/28/22 Margarito Ladezma
READ MOREWhat OSHA’s recent regulatory initiatives mean for the construction industry By Michael Metz-Topodas, Cohen Seglias Starting 2021 under a new administration promised significant changes to Occupational Safety and Health Administration (OSHA) regulations and enforcement, especially with the agency confronting a deadly and omnipresent virus. And the year unfolded as expected—at least for new safety requirements.
READ MOREBy Ben Lowenthal, Hendrick Phillips Salzman & Siegel, P.C With the anticipated enhanced enforcement efforts by the Occupational Safety and Health Administration (“OSHA”) under the Biden Administration, subcontractors can expect a greater number of worksite inspections and, inevitably, OSHA citations. Subcontractors should always work to identify and eliminate safety hazards on jobsites. However, there are
READ MOREBy: Jim Sienicki and Ed Hermes, Snell & Wilmer L.L.P. Delay and disruption claims are always a risk in the best conditions on a construction site. Never more so than during the global pandemic brought about by COVID-19. Since President Trump declared the COVID-19 pandemic a national emergency on March 12, 2020, most contractors, subcontractors,
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