Americans may be paying a hidden “lawsuit tax” through higher insurance premiums and higher prices for everyday goods, as trucking companies face rising litigation costs from staged crashes, massive settlements and “nuclear verdicts.”
Industry groups and lawsuit abuse critics told the Daily Caller News Foundation that costs from frivolous lawsuits and rising settlements are being passed down to consumers through elevated insurance premiums, higher transportation costs and inflated prices for everyday goods. They argue those costs are especially hitting the trucking industry, where rising commercial insurance premiums can ripple through freight rates, grocery bills, consumer goods and even personal auto insurance premiums.
“Abusive litigation practices against the trucking industry are driving up costs for consumers, destroying small businesses, and undermining public safety.” Henry Hanscom, American Trucking Association’s (ATA) chief advocacy & public affairs officer, told the DCNF.
Lawyers have always been leeches that suck society’s blood while they get fat and rich.
fly by night trucking companies hiring illegals is why!