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Navigating Nuclear Verdicts and Insurance in Transportation

In this episode of the Trekking Risk and Insurance Podcast, Marsh's Craig Dancer and Rick Reinoehl discuss the significant challenges and risks currently facing the transportation industry in the United States.

They delve into the impact of nuclear verdicts and settlements on the insurance market, the rising costs and deductibles for motor carriers, and the efforts some companies are making to mitigate these issues through technology such as cameras and telematics.

They also highlight the importance of safety technologies and effective driver training in reducing risks and improving insurance outcomes. The episode concludes with a discussion on the Marsh Road Transport Facility, a new initiative to transform how risk is managed and underwritten in the industry.

https://www.marsh.com/en/industries/transportation.html

Craig Dancer, National Transportation Practice Leader at Marsh
Craig.Dancer@marsh.com
Rick Reinoehl, National Transportation Practice Leader at Marsh
Rick.Reinoehl@marsh.com


00:00 Introduction to the Podcast
00:24 Meet the Guests: Craig and Rick
01:10 Biggest Risks in the Transportation Industry
01:26 Nuclear Verdicts and Settlements
05:16 Impact on Commercial Auto Insurance
11:03 Innovative Risk Management Strategies
27:07 Marsh Road Transport Facility
33:13 Conclusion and Contact Information

John Farquhar
Summit Risk Solutions: summitrisksolutions.ca
1 226 802-2762
John@summitrisksolutions.ca


Chris Harris
Safety Dawg Inc: safetydawg.com
Chris@SafetyDawg.com
1 905 973 7056



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