"Catastrophic injury is a legal and medical category. It includes traumatic brain injury, spinal cord damage resulting in paralysis, amputations, severe burns, and injuries that permanently prevent the victim from working or living independently. The lifetime cost of a spinal cord injury ranges from $1.2 million to m"
A single commercial truck crash can end careers, bankrupt carriers, and lead to multi-year litigation. Commercial truck accidents differ from car crashes because they involve federal regulations, multiple insurance policies, employer liability theories, and severe injuries that can produce eight-figure verdicts. In 2021, the FMCSA reported 5,837 fatal crashes involving large trucks and more than 101,000 non-fatal crashes involving large commercial vehicles. Businesses can be named alongside drivers through vicarious liability, negligent hiring, negligent entrustment, and failure to maintain equipment. FMCSA insurance minimums for many freight operations start at $750,000, set in 1980 and not adjusted for inflation, leaving businesses exposed when damages exceed policy limits. Catastrophic injuries include traumatic brain injury, spinal cord damage, amputations, severe burns, and permanent loss of independent living or work ability.
#commercial-trucking-liability #fmcsa-regulations #insurance-coverage-limits #catastrophic-injuries #employer-negligence-theories
Read at London Business News | Londonlovesbusiness.com
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