Listen as Deirdre Manna of Zurich North America and Adam Shores of the American Property Casualty Insurance Association share a midyear legislative update on tort reform efforts across the U.S. They discuss legislative successes in states such as Florida and Georgia.

The conversation also highlights the expanding coalition working toward fairer legal systems, as well as the challenges that still persist in other states such as Illinois and New York, where new bills threaten to increase costs and liabilities. The guests emphasize the need for ongoing state-level advocacy and coalition building; and share how business involvement is vital for continued progress. Ultimately, these efforts aim to benefit everyday consumers, businesses and the broader economy.

UPDATE: During our conversation, Deirdre Manna mentioned a provision in the “Big Beautiful Bill” that, if passed, would have closed a tax loophole for third party litigation funders. This provision was struck before it was passed.

In this miniseries, other episodes include:

January 15: 2025 Legislative outlook: Reforming legal system abuse

January 29: Wide implications of third-party litigation funding

February 12: Nuclear verdicts: The drivers, impacts and solutions

February 26: Social Inflation: Missing The role of claims fraud

March 12: Plaintiffs’ tactics: Fueling legal system abuse

March 26: Premises peril: Unpacking legal risks

http://www.FutureOfRisk.com

Future of Risk is recording live at RIMS RISKWORLD! The world is changing quickly, so are the risks that businesses face. Jon Tate, Head of Core Risk Engineering, talks about Zurich Resilience Solutions’ (ZRS) deep expertise helps customers understand and protect themselves from risk. Plus, he highlights on how ZRS makes the industries and communities we serve better.

http://www.FutureOfRisk.com

Future of Risk is recording live at RIMS RISKWORLD! Middle Market is growing! And Zurich’s capabilities align to our customer needs. Stan Bernard, Head of Industry Practices for U.S. Middle Market for Zurich North America, highlights the areas Zurich is investing in that are helping to fuel our growth.

http://www.FutureOfRisk.com

Future of Risk is recording live at RIMS RISKWORLD in Chicago! AI is transforming the insurance landscape. Paul Lavelle, Head of U.S. National Accounts, and Tobias Cushing, Deputy Chief Underwriting Officer, joins us to share how AI is helping Zurich's underwriting claims professionals focus on data analysis, decision making and relationship building rather than data entry. Plus, they discuss the importance of managing AI risks by keeping humans involved.

http://www.FutureOfRisk.com

Future of Risk is recording live at RIMS RISKWORLD! Social inflation and legal system abuse impacts everyone: the insurance industry, businesses and customers. Keith Daly, Chief Claims Officers for Zurich North America, discusses the drivers and impacts of legal system abuse. Plus, he talks about a multi-industry legal system abuse coalition that Zurich helped found, and some of the tort reform successes that we’re seeing across the country.

In the final episode of Zurich North America's "Future of Risk" podcast miniseries on social inflation, James Beal, Executive Director at Georgians for Lawsuit Reform, and Rebecca Fozo, Claims Judicial & Legislative Affairs, at Zurich North America, delve into premises liability. They discuss the legal responsibilities of property owners to ensure safety and explain how jury verdicts impact businesses and strain the economy. The conversation emphasizes the need for tort reform to provide stability and fair legal processes to combat fraudulent claims.

In this miniseries, other episodes include:

January 15: 2025 Legislative outlook: Reforming legal system abuse

January 29: Wide implications of third-party litigation funding

February 12: Nuclear verdicts: The drivers, impacts and solutions

February 26: Social Inflation: Missing The role of claims fraud

March 12: Plaintiffs’ tactics: Fueling legal system abuse

Zurich North America's, “Future of Risk” podcast, delivers another eye-opening episode of the social inflation podcast mini-series, underscoring the need for a unified response to the escalating challenges posed by plaintiffs’ tactics and the significant impact it is having on businesses and consumers alike.

Zurich North America’s, Lisa Bellino, VP, Claims Judicial & Legislative Affairs and Allen Kirsh, SVP, Head of Claims Judicial &Legislative Affairs, discuss what factors are driving the rise in insurance claims and litigation costs. Listen as the guests tackle challenges that are playing a role in maximizing jury awards, offering optimism for positive change through continued advocacy and legislative efforts.

In this miniseries, other episodes include:

January 15: 2025 Legislative outlook: Reforming legal system abuse

January 29: Wide implications of third-party litigation funding

February 12: Nuclear verdicts: The drivers, impacts and solutions

February 26: Social inflation: The role of claims fraud

March 26: Premises peril: unpacking legal risks

In this eye-opening episode of the social inflation miniseries, Zurich North America’s Delpha DiGiacomo, Head of Claims Investigative Services and Lynne Grinsell, Vice President and Head of State Affairs, Government & Regulatory Relations, and Kristin Thorne, an Emmy Award-winning investigative reporter, discuss the alarming reality of claims fraud and its contributing role in social inflation. Listen as the guests share real-world examples of organized fraud schemes that are unethical and can be detrimental to innocent parties and costing approximately $308 billion a year for businesses and consumers.

In this miniseries, other episodes include:

January 15: 2025 Legislative outlook: Reforming legal system abuse

January 29: Wide implications of third-party litigation funding

February 12: Nuclear verdicts: The drivers, impacts and solutions

February 26: Social inflation: The role of claims fraud

March 12: Plaintiffs’ tactics: Fueling legal system abuse

March 26: Premises peril: unpacking legal risks

In this crucial discussion, guests explore the pressing issue of nuclear verdicts and the massive jury awards that can drive up costs for businesses and consumers. Join Rachelle Mortimer, Senior Director of the U.S. Chamber of Commerce Institute and Lisa Bellino, VP, Claims Judicial & Legislative Affairs, Zurich North America, as they highlight the urgent need for stakeholders to collaborate in developing effective strategies to mitigate these impacts and to protect the economy.

In this miniseries, the episodes include:

January 15: 2025 Legislative outlook: Reforming legal system abuse

January 29: Wide implications of third-party litigation funding

February 26: Social inflation: The role of claims fraud

March 12: Plaintiffs’ tactics: Fueling legal system abuse

March 26: Premises peril: unpacking legal risks

Discover how outside investors impact lawsuits, while examining whether their involvement is a game changer for plaintiffs, a controversial practice or filled with unknown risks. Learn about the challenges, the impact on businesses and the financial toll on everyday consumers. Join Sherman “Tiger” Joyce, President of the American Tort Reform Association (ATRA) and Keith Daly, Chief Claims Officer at Zurich North America, as they explore the complex world of third-party litigation funding.

In this miniseries, the episodes include:

January 15: 2025 Legislative outlook: Reforming legal system abuse

February 12: Nuclear verdicts: The drivers, impacts and solutions

February 26: Social inflation: The role of claims fraud

March 12: Plaintiffs’ tactics: Fueling legal system abuse

March 26: Premises peril: unpacking legal risks