Texas’ trucking sector heralded the enactment of a law in 2021 as a big victory in its fight against nuclear verdicts, typified by a huge award against Werner Enterprises (NASDAQ: WERN) in the Lone Star State.
But just a few years later, the impact of the law, HB 19, is generally seen as a bust for the trucking industry’s attempts to fend off large judgments, whether or not they cross the $10 million nuclear verdict dividing line.
That disappointment has spurred a new effort to change the law...