You read about accidents caused by distracted drivers in the news all the time. It’s a serious issue and one that deserves attention by commercial auto insurers.
Without the commercial trucking industry, the economy could come to a standstill, which makes this segment vital for the insurance industry. But even in the current growing economy, commercial trucking faces serious challenges.
Litigation funding’s impact on insurers can be huge, starting with the potential for nuclear verdicts. Commercial auto insurers consider anticipated risks and predicted losses as part of the calculation in determining premiums.