Why the Trucking Industry Is More Concerned Than Ever About Lawsuit Abuse—and Why That Concern Is Justified

The trucking industry is facing unprecedented challenges due to the alarming rise in nuclear verdicts and the influence of third-party litigation funding. With some verdicts exceeding $100 million, the stakes have never been higher. This article delves into the factors driving these concerns and outlines three key strategies the industry is advocating for to combat lawsuit abuse. From legislative damage caps to the elimination of phantom damages, discover how these reforms could reshape the legal landscape for trucking companies in states like Illinois, Missouri, and Indiana. Read on to learn more about the urgent need for change.