Insurance

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.