Trucking insurance rate trends continue in the wrong direction
FleetOwner, June 29, 2020 By Cristina Commendatore In the last five or six years, trucking companies have watched their insurance rates climb, and many have found the insurance process daunting. Since 2018, trucking insurers have lost around $1.8 billion due to continued pressure from plaintiffs’ attorneys targeting the industry and because of crippling multimillion-dollar settlements […]
When fleets are hit with huge post-crash settlements, who pays?
Commercial Carrier Journal, March 13, 2020 By Matt Cole This is the second of a two-part series on the growing trend of large court-ordered settlements in truck crash lawsuits. In post-crash litigation in which juries order trucking companies to pay multi-million-dollar settlements, who actually foots the bill? Mostly, it depends on the fleet, their size […]
Mega settlements in truck crash lawsuits ‘strangling the industry’ as calls for reforms mount
Commercial Carrier Journal, March 12, 2020 By Matt Cole This is the first of a two-part series on the growing trend of large court-ordered settlements in truck crash lawsuits. Part 2, which will cover who pays for these settlements and how your fleet can protect itself against such verdicts. Courts in recent years have taken […]
Mega settlements in truck crash lawsuits ‘strangling the industry’ as calls for reforms mount
By Matt Cole This is the first of a two-part series on the growing trend of large court-ordered settlements in truck crash lawsuits. Part 2, which will cover who pays for these settlements and how your fleet can protect itself against such verdicts. Courts in recent years have taken up an alarming trend in crash litigation […]
Tort reform Part 1: Defining the problem of state’s high insurance rates
KTBS, March 10, 2020 SHREVEPORT, La. — If you’ve heard it once you’ve heard it a thousand times — “My car insurance rates are killing me.” That’s a prevailing sentiment throughout Louisiana and appears to be the No. 1 topic on the minds of lawmakers heading into this legislative session that started Monday. This is […]
The Reptile Theory | Lexis® Legal Advantage
lexisnexis.com 21 Feb 2020 Over a decade since its introduction, the Reptile Theory continues to make a notable impact on personal injury litigation in the United States. The theory, first introduced in Reptile: the 2009 Manual of the Plaintiff’s Revolution by David Ball and Don Keenan, started a movement that has evolved into seminars, retreats […]
Trucking insurance: Navigating the collision course
Insurance Business America, February 19, 2020By Bethan MoorcraftTrucking generates more than $700 billion in annual revenue in the United States and is responsible for transporting nearly 70% of the nation’s freight annually. For many years, trucking was the lifeblood of US trade, but the glory days have come to an end. The industry is now […]
Ex-Client Sues Houston’s ‘Car Wreck Clyde’ for Case Running, ‘Outright Theft’
Texas Lawyer, January 28, 2020 By Brenda Sapino Jeffreys Houston personal injury lawyer Clyde J. Moore—known in his advertisements as “Car Wreck Clyde”—is facing a $1 million lawsuit alleging that his firm has used a network oftow truck drivers and others to solicit clients for a decade. Sidney Guillory, a Baytown man who hired Moore after he was […]
A few industries drive commercial insurance rates higher for everyone
Crain’s Cleveland Business, January 26, 2020 By Kim Palmer Businesses across the board are paying more in insurance premiums. One of the main drivers is an increase in the size of jury verdict awards that are overwhelming the commercial auto industry. The “nuclear jury verdict” (a verdict of $10 million or more) phenomenon is having […]
Commentary: The trucking insurance crisis, part 2
Freight Waves, January 20, 2020 The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates. This is part two of a two-part series of articles focused on the current trucking insurance crisis. The first article, It’s time for less talk and more solutions to […]
