Study: Cost of Trucking Litigation Average $16.8M

Size of trucking verdicts quadruples over 2023-2026 time span

The size of verdicts in lawsuits involving trucking companies almost quadrupled between July 2023 and July 2026, according to a soon-to-be released study.

Study: Cost of trucking litigation average $16.8M - The Daily Bo Snerdley

  (Legal Newsline) – A new report examines how lawsuit abuse involving commercial truck accidents is driving up litigation and insurance costs for carriers, crippling supply chains and increasing prices for consumers and businesses. The U.S. Chamber of Commerce Institute for Legal Reform released a new edition of Roadblock: The Trucking Litigation Problem and How to Fix It on Oct. 18 The study reviewed 334 truck accident verdicts and settlements…

Study: Cost of trucking litigation average $16.8M

(Legal Newsline) – A new report examines how lawsuit abuse involving commercial truck accidents is driving up litigation and insurance costs for carriers, crippling supply chains and increasing prices for consumers and businesses.

Trucking lawsuit verdicts average nearly $28 million, US Chamber report finds

New study examines rising litigation costs, insurance premiums and their impact on trucking companies and consumers   WASHINGTON — Plaintiffs’ verdicts in commercial truck accident