Chubb and Marsh CEOs berate 'litigation investment industry' after Trump tax reforms falter

Insurers including Evan Greenberg, CEO of Chubb, and John Doyle, CEO of Marsh McLennan, are blaming litigation funders for the growing incidence of “nuclear verdicts”, but Robert Tyson, founder of Tyson & Mendes and a leading advocate for litigation reform, believes insurers also play a role. He says most nuclear verdicts occur when the jury knows nothing about the insured defendant, and that insurers must rethink their approach to trials and adopt strategies long used by plaintiffs: accept responsibility where appropriate, anchor juries with realistic numbers, and humanize the insured.

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