With over $2.5 billion spent on legal advertising in 2024 alone, the American legal landscape is transforming, with profound business implications. Rich Ives, Senior Vice President of Business Insurance Claim at Travelers, joined us to examine the forces behind today’s liability environment: evolving litigation tactics, changing social attitudes, technology’s role in claim acceleration and economic pressures inflating awards. Drawing from Travelers’ frontline experience, Rich discussed tort reform status and provided practical protection strategies to navigate these complex challenges.
This program is presented as part of the Travelers Institute’s Risk. Regulation. Resilience. Responsibility.SM initiative, addressing the availability and affordability of P&C insurance.
Watch the original Wednesdays with Woodward® webinar: https://institute.travelers.com/webinar-series/symposia-series/liability-environment.
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