Let’s face it: No matter what precautions you and your drivers take, accidents will happen. That’s the very definition of an accident.
Lately, though, the aftermath has been resembling the plot of a John Grisham novel—one where overzealous prosecutors depict trucking companies as evil, heartless players . . . and emotional juries deliver “nuclear verdicts” as a result.
In case you’re not familiar with the term, nuclear verdicts are monetary awards that exceed $10 million dollars. And they’re on the rise. In fact, when considering verdicts of over $1 million, the average size increased 1000% between 2010 and 2018. [Source: CNBC]
That’s the bad news.
The good news?You can take measures to protect your fleet from multi-million dollar nuclear verdicts.
And it begins with critical essentials: hiring qualified drivers and maintaining excellent records that prove you’re employing qualified drivers.
Join us for our upcoming webinar, which gets into the nitty-gritty about everything you need to know to protect your fleet.
What we’ll cover:
What are nuclear verdicts?
Current stats on nuclear verdicts in the trucking industry
The fallout from nuclear verdicts (think skyrocketing insurance premiums and some carriers going out of business)
What the industry is doing about nuclear verdicts
What lawmakers are doing about nuclear verdicts (along with lawsuit abuse)
The role DOT compliance and driver qualification files play in litigation
Why it’s necessary to hire drivers who exceed qualification standards
How the Foley Platform can help you fare better in court
Who should attend: HR managers, fleet owners, and anyone who is responsible for hiring drivers and DOT compliance at your company
*All registrants will receive an on-demand recording of the webinar.