Navigation ‘Nuclear verdicts’ in Florida last year totaled $492 million, new study finds
Florida jury awards exceeding $10 million over the years 2009 to 2023 amounted to a total payout of $33.2 billion, making the Sunshine State second in the nation in terms of the combined value of these so-called “nuclear verdicts.”
The data comes from a new report by the public relations firm Marathon Strategies, which found that such eight-figure jury damages awards increased 27 percent last year following a downturn in such verdicts during the COVID-19 pandemic years.
In Florida, tobacco, trucking, real estate and automobiles were the industries most affected by these large verdicts, according to the report. Last year, Florida`s nuclear verdicts in state and federal court totaled $492 million in damages, Marathon Strategies concluded.
