Most of these Mega’s are self insured. They carry an insurance company by law that has a minimal cap on what they pay. The rest comes out of pocket.
At what point would Prime file bankruptcy?
Discussion in 'Refrigerated Trucking Forum' started by JohnBoy, Dec 15, 2025.
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As in the WERNER case, it will be appealed and, in a few years, it will settle for a couple of million, at most. Cooler heads will see this was the fault of all of the drivers in the accident, not just this one.
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Something else to consider is that 25% of the judgement is against the plow contractor and punitive damages are capped, so Prime is 'only' looking at maybe $25 million.
What I want to know is what did Prime offer to settle for before trial? -
lawyer said ," offer a coke and bag of peanuts , you just pay me ill handle it .
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