Driver safety, both on and off the road, continues to be of utmost importance to the supply chain.
Yet, accidents happen. And, sometimes can be fatal.
In fact, incidents involving a severe injury were 217% more likely to settle and 199% more likely to result in payments to plaintiffs over $600,000, according to new research from the American Transportation Research Institute (ATRI).
- Settlement payments are approximately 37.7% larger than verdict awards, and 393% more likely to occur in incidents involving a fatality.
- During its research on nuclear verdicts, ATRI determined that a different plaintiff litigation model is impacting the industry -- small cases. The research used a new ATRI dataset of more than 600 cases resulting in either a settlement or verdict award of less than $1 million.