ATA chairman calls for disclosure rules on lawsuit funders
Greg Hodgen says third-party litigation financing is driving up trucking costs without transparency.
#Nuclear Verdicts
8 posts tagged with this topic.
Covenant Pays 300% More for Half the Liability Coverage as Nuclear Verdicts Spike
Covenant Logistics CEO says insurance costs tripled while total coverage dropped 50% over four years. A Utah jury awarded $86M against QXO despite finding no…
Insurance Costs Climb as State Laws Erode Federal Preemption Shield
Cover Whale CRO says legislative patchwork and underwriting failures are driving carrier insurance premiums higher, not just nuclear verdicts.
Dedicated Fleets Lock Rates as Spot Jumps 21% and Capacity Exits
Van spot rates up 21% since March 2025 while load-to-truck ratio doubles. Dedicated contract carriage offers multi-year rate protection as 200,000 drivers face…
Hell Bent Xpress Owner Still Buying Trucks Despite Weak Freight
Jamie Hagen says small fleets that survive the current rate slump will find opportunity on the other side. He's still investing in equipment.
Why Your Trucking Insurance Went Up While Crashes Went Down
Insurers lost $4.9 billion on commercial auto in 2024, the 14th straight year of losses. Premiums climbed 38% since 2015 even as crash rates fell 2.6%.
Truck Insurance Premiums Jump 8.3% Annually Since 2017 Despite Safer Roads
ATRI data shows commercial auto insurance rising more than twice the inflation rate while crash rates fall, and Q4 2025 posted the steepest quarterly spike in…
Why Trucking Insurance Costs Keep Rising Despite Static Coverage Rules
Nuclear verdicts jumped 52% in 2024 while federal minimum coverage hasn't budged since 1985, leaving carriers exposed and insurers with pricing leverage.