Are You Prepared for the Unexpected?
From nuclear verdicts that make headlines to severe weather events that can halt entire fleets, today’s motor carriers face an increasingly challenging risk environment. These issues can disrupt operations, damage reputations, and threaten long-term financial stability. As these risks grow in complexity, being proactive is no longer optional.
This article highlights several of the most pressing emerging risks in trucking and explains how Great West Casualty Company supports motor carriers through specialized insurance coverages and comprehensive risk control services.
Nuclear Verdict Exposure
Large jury awards exceeding $10 million, often called nuclear verdicts, have become more frequent in recent years. Social inflation, shifting public sentiment, and aggressive litigation strategies contribute to this trend, significantly increasing carriers' financial exposure.
Great West Casualty Company offers Excess Liability coverage, which may provide additional protection beyond standard policy limits, subject to the terms and conditions of the policy. In addition, the company’s risk control services team supports motor carriers with:
- Driver guides and tools to reinforce safety awareness
- Guidance on incident response and post-accident procedures
- Resources to assist with legal preparation and defense strategies