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Protecting motor carriers from high workers’ comp payouts, other liabilities

Feb 07, 2020 at 07:32 AM CST

As payouts from “nuclear lawsuits” continue to reach eight figures, trucking companies cannot afford to take chances with their insurance coverage. Workers’ comp insurance protects companies from lawsuits claiming negligence, as well as from massive medical expenses and lost wages of employees injured on the job, while providing employees with job-related injuries or illnesses rehabilitation and other assistance. Failure to provide it can result in hefty fines and even the closure of the company.