The transportation and logistics industry has been plagued by nuclear verdicts and social inflation.
A research project developed and initiated by Demotech, Inc., an insurer rating agency, unearthed the business model of tech-enabled claim instigation, as utilized by opportunists to secure contested or litigated claims through search engine optimization, pay-per-click, and other online tactics leveraged by AI platforms and litigation marketing firms.
This business model litigated several insurers to death in 2020, and, with the demise of Yellow Freight, Davies Trucking, and Carroll Fulmer, has the transportation industry in its sights.
The panel will discuss the research project that led to the discovery of tech-enabled claim instigation, the types of litigation and contested claims that are adversely impacting operations, profitability and distribution of products as well as the intricacies of impacting and revising curative legislation.
Speakers include:
Don’t miss this live session. Register to the right.