Exposure, in its broadest sense, involves a multitude of factors, both objective and subjective. (Photo: Andrey Popov/Adobe Stock)
In a litigation landscape marked by ever-increasing severity, handling catastrophic, or potentially catastrophic matters is becoming more of a norm. Jury awards, particularly in situations allowing for punitive damages, can reach into the billions. To achieve optimal resolution, it is essential to recognize when a claim is catastrophic to marshal the correct approach.
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