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Trucking has been well aware of nuclear verdicts -- considered verdicts of $10 million or more -- for a number of years. A study published earlier this summer analyzes the impact of those verdicts and what reforms are being made. The U.S. Chamber of Commerce Institute for Legal Reform’s report, Nuclear Verdicts: An Update on Trends, Causes and Solutions, looks at verdicts from 2013 to 2022 from across all sectors to identify trends and more. The Chamber’s Nicholas Lucas joins us this week to discuss the findings of the study and how nuclear verdicts are being addressed. You can read more at https://www.ccjdigital.com/ Sign up for our newsletter and stay up to date on the latest trucking industry news, trends and analysis. https://randallreilly.dragonforms.com... Contents of this video 00:00 10-44 intro 00:26 Nuclear verdicts 01:02 Why are nuclear verdicts concerning? 02:51 Why are trucking companies susceptible to nuclear verdicts? 05:12 States with the most nuclear verdicts 06:05 Tort reform 08:05 The cycle of nuclear verdicts 09:44 Improved safety in the trucking industry