Insurance

Mass Torts and Product Liability

Mass Torts and Product Liability

NERA's mass tort and product liability projects range from valuing liabilities in multi-billion dollar bankruptcies to assessing potential exposure before products have been marketed. Our experts bring together the required disciplines -- including economics, statistics, accounting, epidemiological modeling, computer programming, and insurance modeling -- to address complex valuation problems that arise in these matters.

Retained by defendants, plaintiffs, insurers, or companies engaging in mergers or acquisitions, we have provided consulting services and expert testimony in a variety of settings, including:

  • Bankruptcy hearings
  • Fraudulent conveyance actions
  • Forecasts for financial reserves
  • Insurance allocation disputes
  • M&A due diligence
  • Consumer class actions

Our expertise has been developed across a range of different products and industries, including:

  • Asbestos, silica, and mixed dust
  • Automotive vehicles and products
  • Industrial chemicals: manganese, beryllium
  • Building products
  • Food additives: diacetyl
  • Pharmaceuticals and medical devices
  • Contaminated ground water
  • Tobacco
  • Mold
  • Firearms

Experts in NERA's Mass Torts and Product Liability Practice have been analyzing issues arising in these areas for 20 years. We have submitted expert reports, offered economic testimony, and provided expertise to assist counsel, state and federal courts, Boards of Directors, risk managers, and insurers. We have also testified on mass torts issues before Congress.

Name Title Location Phone Email
Lucy P. Allen Managing Director New York City +1 212 345 5913 lucy.allen@nera.com
Dr. Denise Neumann Martin Managing Director New York City +1 212 345 5296 denise.martin@nera.com
Mark L. Berenblut Affiliated Consultant Toronto
New York City
London
+1 416 868 7311
+1 917 475 0020
+44 20 7659 8644
mark.berenblut.affiliate@nera.com
Title Type Author
Snapshot of Recent Trends in Asbestos Litigation: 2017 Update Report Mary Elizabeth C. Stern and Lucy P. Allen
Snapshot of Recent Trends in Asbestos Litigation: 2010 Update White Paper By Lucy P. Allen and Mary Elizabeth Stern
The Economic Impact Of New MMSEA Regulations Published Article By Dr. Denise Neumann Martin, Dr. Stephanie Plancich, and Mary Elizabeth Stern
Snapshot of Recent Trends in Asbestos Litigation White Paper By Lucy P. Allen and Mary Elizabeth Stern
China Product Recalls: What's at Stake and What's Next Working Paper By Lucy P. Allen with former NERA Senior Consultant Dr. Simona Heumann and Dr. Renzo Comolli
Use of Sample Surveys in Product Liability Litigation Published Article By Dr. Kent Van Liere