While insurers have been reeling from runaway verdicts for decades, some of the most astonishing cases in the past five years bring new meaning to the cry of 'astronomical.'
A jury thrashed a local bar in Texas, for example, for $301 billion in damages after it found the watering hole over-served a man who later ran a red light, killing two women, according to VerdictSearch. This searchable online research library tracks verdicts and settlements.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.