Heffernan Insurance Brokers’ Kenny Planeta chats with Heather Turner about where the rubber hits the road in trucking insurance
IBA: What’s the biggest trend affecting the transportation sector today?
Kenny Planeta: The biggest thing we’re dealing with right now is huge lawsuits with even bigger verdicts. I’ve been doing this for 14 years, and I can say that I’ve never seen so many lawsuits as I have over the past five years. I don’t think trucking companies have gotten worse, but rather the lawsuits have gotten better. Plaintiff attorneys have a playbook for handling commercial truck accidents, and they are all sharing it.
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