[GUIDE] Nuclear Verdicts in the Transportation Industry: A Guide for Fleet Safety, Compliance, and Risk Teams

Protect Your Fleet and Insurance Premiums

If you are in commercial transportation or construction, you are well aware of the growing threat of nuclear verdicts—lawsuit awards exceeding $10 million—that are increasingly common in the trucking industry. From 2020 to 2024, the total sum of these verdicts surged to $31.3 billion, a 116% increase, with the median verdict reaching $51 million. In 2024 alone, 49 cases exceeded $100 million, driven by factors like third-party litigation financing, plaintiff-friendly venues, and the emotional weight of severe injury or wrongful death cases. Small trucking fleets are particularly at risk, paying over three times more per mile for insurance coverage compared to large fleets.

This guide offers essential strategies to help you mitigate these risks, including advanced risk management techniques and the latest in safety and compliance practices.

Don't leave your company vulnerable to the financial and reputational damage caused by nuclear verdicts. Download the guide to learn how to create a culture of safety and full compliance, and safeguard your company from these high-stakes lawsuits. By implementing the strategies outlined in this guide, you can reduce the likelihood of accidents and lower your insurance premiums.

Foley is here to support you every step of the way.