Nuclear Verdicts Urge Trucking Companies to Focus on Safety
Nuclear Verdicts Urge Trucking Companies to Focus on Safety
Large legal nuclear verdicts (settlements of $10 million and above) from juries in liability cases related to trucking accidents have increased. New research, available for download on American Transportation Research Institute (ATRI)'s website, provides evidence that the increase is both in the number as well as the size of the punitive damage component.Although nationally fatal crashes involving large trucks were at their lowest point in 2009 - a U.S. total of 3,380 fatal large truck crashes with 179 registered in Florida - since then, they have steadily increased. In 2019 there were 4,689 fatal large truck crashes registered in the U.S. and 276 listed for Florida. (In the Federal Motor Carrier Administration crash statistics summary select “large trucks” under “vehicle type”, 2019 under “time period” and navigate to the tab “fatal crashes”.) That is a 38.73 percent increase nationally and a 54.19 percent increase in Florida state-wide when compared to 2009. As this analysis points out, only about 5 percent of the fatal trucking accident claims go to trial. Therefore, the vast majority of these claims are settled. And compared to the total number of fatal crashes involving large trucks, maybe 5 to 10 of them become nuclear verdict cases. The reality is that any injuries suffered as a direct or indirect result of an accident justify damages compensation. All the more so when people die or are permanently injured in an accident involving a large truck and there are dependents that need to be cared for. A Brief History of Nuclear VerdictsAccording to ATRI, between 1990-1994 the median dollar result from cases that went to trial was $190,000. Compared to 1985-1989, this was a 90 percent award increase.Using CaseMetrix, a database of court verdicts and settlements that compiles information from 600 cases registered between 2006 and 2019, the first five years of gathered data showed 26 cases of over $1-million verdicts. Five times more verdicts, this time in the $20-million range, registered over the last five years (2015-2019).A similar conclusion appears in The Wall Street Journal in an article that analyzes data from VerdictSearch, that reports more than a 300% increase in the frequency of $20 million-plus verdicts in 2019 compared to the annual average registered between 2001-2009.
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About Sean M. Cleary
Sean M. Cleary, the founder and president of the Miami-based The Law Offices of Sean M. Cleary, is a highly skilled personal injury, product liability, and medical malpractice attorney. Sean also focuses a portion of his practice on handling high net worth divorces, helping separating spouses settle disputes and reach an equitable and mutually-beneficial agreement.