Iowa seeks to prohibit 'nuclear verdicts'

[Mike]

DES MOINES, Iowa — A bill working its way through the Iowa legislature could prohibit astronomical jury verdicts following trucking crashes, but some are worried it could have unintended consequences.

These so-called 'nuclear verdicts' have cost some trucking companies tens of millions of dollars.

The bill does three things: It limits company liability if their employees cause harm, puts a $1 million cap on noneconomic damages and prohibits people from trying to claim punitive damages in their initial lawsuit.

Iowa seeks to prohibit 'nuclear verdicts'

In other states, trucking companies have been ordered to pay millions in damages following crashes. Some lawmakers are trying to keep that from happening in Iowa.

www.weareiowa.com

 

[mndriver]

Too little too late.

Harm from nuclear verdicts have already been done.

 

[Sinister]

Too little too late.

Harm from nuclear verdicts have already been done.

So this won't prevent further damage?

 

[mndriver]

So this won't prevent further damage?

Highly unlikely since the precedence is set for damage verdicts and since the nuclear verdicts have already been paid, the insurance industry will be recouping those funds for years to come.

Bullshit they were allowed to even be made to begin with...

But juries decided to “send a message “ and we now get to live with it.

As it is, an insurance company would rather write a check for much less and settle out of court even when the party suing has more liability than those being sued.

It’s cheaper for them in the long run.

Bullshit? Oh hell yeah.


Insurance agent spent many an hour reading to me crap they get shared with that would make you cringe the explanations given for writing that $750,000 settlement check to the drunk driver for rear ending soccer moms SUV. Double that if it’s a commercial vehicle.

Let’s not forget McDonald’s coffee verdict too.

 

[Sinister]

How many nuclear verdicts have occurred in Iowa?

 

[mndriver]

This seems to be more the information you seek.

ATRI’s 2020 Nuclear Verdict Report is Misleading

Read the article ATRI’s 2020 Nuclear Verdict Report is Misleading . Contact The Law Firm for Truck Safety today!

www.truckaccidents.com

 

[mndriver]

The fact remains...


This bullshit sets precedence wherever it happens nationally.

Some not significantly, but it still sets precedence.

Whopping $411 million nuclear verdict in Florida said to be biggest ever and tough to collect

Defendant is a one-truck company that defended itself at trial

www.freightwaves.com

 

[gearjammer]

I keep thinking of the huge judgments against roundup a chemical that is needed and that was only SUSPECTED to cause cancer but could never be proven

 

[Duck]

I keep thinking of the huge judgments against roundup a chemical that is needed and that was only SUSPECTED to cause cancer but could never be proven

Roundup is a Monsanto product.

Monsanto is a horrible, evil company though, for what they do to farmers. They deserve whatever bad things happen to them.

 

[Sinister]

I keep thinking of the huge judgments against roundup a chemical that is needed and that was only SUSPECTED to cause cancer but could never be proven

What exactly is needed about Roundup that can be accomplished with something else?

Nuclear trucking verdicts have taken place at the state level.

Here is a state trying to limit them.

Take the win when you get it.