Transportation Nuclear verdicts are just one crash away, lawyer warns October 28, 2022 Be afraid of plaintiff’s counsel who make millions of dollars a year looking for weaknesses, attacking truck drivers and trucking companies alike, a lawyer has warned Canadian carriers operating in…
Mgmt Best Practices Best practices, policy reviews mitigate carrier risks October 17, 2022 Canadian carriers sending trucks into the U.S. are one incident away from a nuclear verdict. The dilemma they face is having too little insurance that could shut a company down…
Business Management Beware the ‘Dirty 5’ when defending fleets against nuclear verdicts February 11, 2022 For truck fleets operating in the U.S., the dangers of a courtroom can be more crippling than dangers on the highway itself. So-called “nuclear verdicts” – the awards of more…
Transportation Fleet legal settlements of under $1 million on the rise November 18, 2021 Nuclear verdicts of more than $10 million can cripple fleet finances after a collision, but trucking companies also appear to be digging deep when settling cases involving lesser payouts. In…
Business Management Hard truck insurance market leads to search for creative solutions October 22, 2020 TORONTO, Ont. – These are hard times. To be precise, it’s a “hard market” when it comes to sourcing insurance coverage in the trucking industry. Insurance premiums have been soaring,…
Transportation ‘Hard market’ continues to drive truck insurance costs higher October 2, 2020 TORONTO, Ont. – Canada’s trucking industry continues to face rising insurance costs as global insurers back away from the business segment – and cross-border carriers may face some of the…
Transportation Court overturns big ‘nuclear verdict’ against U.S. truck fleet August 31, 2020 TORRANCE, Calif. — An appeals court has ordered a new trial in a 2018 “nuclear verdict” case that was one of the largest trucking verdicts in U.S. history, saying the…
Transportation Law expert: Focus on safety to avert nuclear verdicts June 29, 2020 PITTSBURGH, Penn. – Runaway nuclear verdicts are a reality now, but a leading transportation safety law expert believes fleets could avert mega awards by enforcing a strict safety protocol.
