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Monday, April 18, 2011

Keys to higher truck accident settlements

Monday, April 18, 2011

I was reading about a recent $62.7 million record-breaking settlement (that occurred in another state) for a horrific truck accident that caused a number of innocent deaths. What makes this settlement notable for truck accident lawyers who handle catastrophic accident cases throughout the nation is that this was not a jury verdict, but a voluntary settlement entered into by the various insurance companies representing the trucking company.

Reading about this truck crash settlement raises a number of interesting thoughts:

1. Trucking company’s failure - The settlement was based upon the trucking company’s failure to select, train and supervise the driver.

2. Aggressive discovery into the trucking company - This information about the trucking company’s failures came about only after aggressive discovery into the trucking company itself.

3. Most truck lawyers don’t do it - This aggressive discovery is something that most personal injury lawyers who handle trucking accident cases rarely will do.

4. Most personal injury lawyers treat trucking accident cases like car accidents with bigger policy limits

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