The Rising Threat of Nuclear Verdicts in Trucking

Large verdicts in truck-related crashes are on the rise, with some cases reaching tens or even hundreds of millions of dollars. These aptly called “nuclear verdicts” are reshaping the commercial transportation industry, increasing insurance costs, and putting trucking businesses at greater financial risk.

Northland Insurance Company has been one of our trusted carriers for 48 years. In a recent article, the company summarized recent cases and the factors driving these massive jury awards. As an independent agent, this valuable information can assist you and your trucking clients. By understanding these trends, owners and operators can take proactive steps to mitigate risk, strengthen their safety programs, and protect their businesses from devastating litigation.

At JM Wilson, we understand the challenges facing today’s trucking industry. With our underwriting expertise and strong carrier relationships, we are committed to supporting our agents as a trusted resource in commercial transportation insurance. Our goal is to help you provide the best coverage solutions to protect your clients and keep their businesses moving forward.

Check out the full article to stay informed and help your clients navigate this challenging legal landscape.

For assistance with finding coverage and mitigating risks, contact JM Wilson.