Telematics and Tort Reform Can Curb Commercial Auto Losses
As commercial auto insurance challenges persist, the industry is increasingly leveraging telematics and supporting proposals to address third-party litigation funding.
Telematics
Commercial Auto: How Nuclear and Thermonuclear Verdicts Are Adversely Impacting the Market
Trucking companies faced $165 million in nuclear verdicts in 2023, with an increasing trend of thermonuclear verdicts. Mounting costs from these large verdicts present significant challenges for the commercial auto insurance market.
