• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

BTC breaking past $65,000 yet again

August 11, 2026

Bernie Sanders Calls On The Democratic Party To Ban Super PAC Money

August 11, 2026

‘Harry Potter’ TV Series Star Bel Powley ‘Strongly Disagrees’ With J.K. Rowling’s View that a ‘Trans Woman’ Is a Man

August 11, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Tuesday, August 11
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Bernie Sanders Calls On The Democratic Party To Ban Super PAC Money

    August 11, 2026

    DSA Member Has No Answer When Asked What We Will Do With Rapists After Prisons Are Abolished (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 11, 2026

    Trump Falls Asleep In Front Of Reporters, But Wakes Up Long Enough To Endanger Kids

    August 11, 2026

    The Gateway Pundit First Reported “Off the Charts” Increase in Miscarriages Following Introduction of Forced COVID Vaccine — And Now We Know Fauci KNEW THIS TOO!

    August 10, 2026

    John Fetterman Is Taking Requests From Trump

    August 10, 2026
  • Health

    The Best FDA Decision On Peptide Authorization Isn’t Yes Or No

    August 10, 2026

    Trump dives back into vaccine policy with order questioning childhood schedule

    August 10, 2026

    2 Deaths In China Reopen Gene Therapy Debates

    August 10, 2026

    Modifying ‘GRAS loophole,’ FDA to require notice of food additives

    August 10, 2026

    340B Program Changes Could Shift Prescribing To Lower Cost Biosimilars

    August 10, 2026
  • World

    Spain Imposes Tit-For-Tat Border Checks on Italian Travelers

    August 11, 2026

    Zuckerberg Spokesperson Says His Yacht Did Not Hear Call For Maritime Assist

    August 11, 2026

    Bulgaria PM Says Drone Exploded Near Gas Pipeline

    August 11, 2026

    John Oliver Mocks Sen. Bill Cassidy Over Vote To Confirm Todd Blanche As Attorney General

    August 11, 2026

    Russian Attacks Kill Four in Kyiv and Surrounding Region

    August 11, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    BTC breaking past $65,000 yet again

    August 11, 2026

    Does renters insurance cover fire?

    August 11, 2026

    Powerball jackpot climbs to $905 million. What you’d pocket after taxes, and what to do with the rest.

    August 11, 2026

    Safeguarding Storage: Wildberries’ Move to Kazakhstan

    August 11, 2026

    Everything you need to know before sending money

    August 10, 2026
  • Tech

    China Debuts Its Largest ‘AI Industrial Park’

    August 11, 2026

    Mark Zuckerberg Lays Out Optimistic AI Vision of “Personal Superintelligence” for Everyone

    August 11, 2026

    Mark Zuckerberg’s Superyacht Ignores Call for Help from Stranded Boat in Alaska

    August 10, 2026

    UK Police Force Referred over 100 Online Posts for Arrest

    August 10, 2026

    California City Pulls Plug on It’s Computer System After Cyberattack

    August 10, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»The Hidden ‘Tax’ That’s Bleeding Your Wallet Dry
Business

The Hidden ‘Tax’ That’s Bleeding Your Wallet Dry

May 17, 2026No Comments7 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The Hidden ‘Tax’ That’s Bleeding Your Wallet Dry
Share
Facebook Twitter LinkedIn Pinterest Email

Americans may be paying a hidden “lawsuit tax” through higher insurance premiums and higher prices for everyday goods, as trucking companies face rising litigation costs from staged crashes, massive settlements and “nuclear verdicts.”

Industry groups and lawsuit abuse critics told the Daily Caller News Foundation that costs from frivolous lawsuits and rising settlements are being passed down to consumers through elevated insurance premiums, higher transportation costs and inflated prices for everyday goods. They argue those costs are especially hitting the trucking industry, where rising commercial insurance premiums can ripple through freight rates, grocery bills, consumer goods and even personal auto insurance premiums.

“Abusive litigation practices against the trucking industry are driving up costs for consumers, destroying small businesses, and undermining public safety.” Henry Hanscom, American Trucking Association’s (ATA) chief advocacy & public affairs officer, told the DCNF.

Congress Takes Notes

The number of filed cases involving tractor-trailers has increased at an annual rate of 3.7% between 2014 and 2023, according to a study by the American Transportation Research Institute. This comes as the personal injury market size rose 2.5% CAGR between 2020 and 2025, according to IBIS World.

Auto insurance premiums have been rising since February 2020, and insurance premiums have soared by 55%, according to NPR.

The Surface Transportation Reauthorization Act is set to expire in September and is considered must-pass legislation, as it sets federal transportation funding and policy. ATA supports including several lawsuit-abuse measures in the package or another legislative route, though it remains unclear if lawmakers will include those reforms in the final bill.

ATA Chairman Greg Hodgen and a group of trucking industry members met with both the House and Senate Judiciary Committees in April to discuss lawsuit abuse targeting the industry, including staged accidents, forum shopping, third-party litigation funding and frivolous lawsuits, Hanscom told the DCNF. (RELATED: Are We Approaching The End Of The Road For America’s Truckers?)

After hearing about the surge in staged crashes and the roughly $4,200 a year it adds to the average family’s costs, House Judiciary Committee Chairman Jim Jordan said he wants to take a closer look at it.

See also  A Wellness Plan For Your Wallet & Less Stress: Why MVNOs Make Sense

A spokesperson from Jordan’s office confirmed to the DCNF that the Representative’s office is “looking into it.”

AUSTIN, TEXAS – JULY 26: An aerial view of vehicles travelling along Interstate 35 on July 26, 2024 in Austin, Texas. The Insurance Research Council has released data showing, people driving without auto insurance rose 11% in 2019 to 14% in 2022. The average annual cost of full-coverage auto insurance has spiked 12% according to Bankrate. (Photo by Brandon Bell/Getty Images)

‘Hits Consumers’

In October 2025, Georgia Republican Rep. Mike Collins introduced the Lawsuit Abuse Reduction Act of 2025, which aims to reduce frivolous suits in federal courts by imposing mandatory sanctions on attorneys who file them. It ends the 21-day “safe harbor” rule that allows attorneys to withdraw frivolous filings in that timeframe without consequences.

The bill has gained support from the U.S. Chamber of Commerce and is pending before the House Judiciary Committee.

A similar version of the legislation was introduced in 2017, but it ended up dying in the Senate Judiciary Committee after passing the House.

The bill faced strong opposition from the American Bar Association (ABA) and the American Association for Justice (AAJ), where the two spent over $7 million lobbying in 2017, according to Open Secrets.

In September 2025, Congress introduced the FAIR Trucking Act, legislation that seeks to curb “nuclear verdicts” against the trucking industry. Nuclear verdicts are high jury awards in personal injury cases that can exceed $10 million, and can lead to bankruptcy for freight carriers. Nearly 80% of trucking-related verdicts exceed $1 million, according to an American Transportation Research Institute (ATRI) report.

Since the introduction of the FAIR Trucking Act, the AAJ has lobbied heavily against the measure, according to lobbying reports obtained by the DCNF.

See also  Procter & Gamble To Slash 7,000 Jobs

“The insurance industry raked in $169 billion in profits in 2024 while denying Americans’ claims after catastrophic events and jacking up rates for policyholders year after year,” AAJ spokesperson Heather Sager told the DCNF. “So, it’s no surprise they’re trying to point the finger at anyone willing to hold them to account.”

“This is a tale as old as time — for decades, corporations who can’t justify their treatment of American consumers attempt to blame those holding them accountable while pushing legislation that would shield them from accountability,” Sager added.

The risk of litigation is negatively affecting freight industry insurance, where settlements frequently reach millions of dollars. In 2025, some trucking companies experienced premium increases of 20-30% in just one year, according to FreightWaves.

On Thursday, the Supreme Court declined to limit freight broker liability in the Montgomery v. Caribe Transport case, which addressed whether freight brokers can be sued under state law for hiring unsafe motor carriers, leaving business groups warning that shipping companies could face a patchwork of state liability rules.

“Without a uniform standard, every small business who uses a trucking company will be hit with higher costs and reduced availability as the resulting patchwork of rules and risk ricochets through the supply chain,” Beth Milito, vice president and executive director of NFIB’s Small Business Legal Center, said in a press release following the decision.

The ruling leaves freight brokers facing state-by-state liability risks that could drive up insurance and shipping costs across the supply chain.

Hanscom said rising litigation costs have driven up commercial auto insurance premiums across the trucking industry, with liability insurance premiums increasing 18.6% between 2021 and 2024, “outpacing consumer inflation,” even as heavy-duty truck crash rates declined by as much as 3.1%.

“These soaring insurance costs year-over-year are putting enormous financial strain on trucking companies at a time when the industry is grappling with a prolonged freight recession,” he said. “It’s pushing many motor carriers to the brink.”

See also  Adidas says demand for Samba shoes far outstrips supply

The trucking industry moves roughly 70% of U.S. goods, meaning higher freight insurance costs can spill over to consumers. Over the next decade, litigation is expected to contribute 15% of the inflation in food costs, according to the U.S. Chamber of Commerce Institute for Legal Reform.

Photo by Justin Sullivan/Getty Images

In an aerial view, brand new Volvo trucks are displayed at TEC Equipment on September 26, 2025 in Dixon, California.  (Photo by Justin Sullivan/Getty Images)

The proposals include legislation that seeks to target staged highway accidents involving commercial trucks, forum shopping, frivolous lawsuits and third-party litigation funding.

The AAJ, the largest trial bar association, acting as the leading advocacy and lobbying organization for plaintiffs’ attorneys, stated that insurance companies and corporations are attempting to shift the blame for rising premium costs.

“Lawsuit abuse against the trucking industry hits consumers in two ways,” Hanscom told the DCNF. “Since virtually every good travels on the back of a truck at one point in time, increases in freight transportation costs are reflected in the cost of goods.”

Hanscom added that rising premiums in the commercial auto sector also “put upward pressure on the consumer auto insurance market.”

In 2023, Republican Florida Gov. Ron DeSantis signed HB 837 into law, aiming to reduce frivolous lawsuits and insurance litigation by altering negligence standards, all in an attempt to combat high premiums.

The effects of the reform were felt rapidly, as the top five auto insurance groups saw an average rate decrease of 6.5%, according to the Florida Office of Insurance Regulation.

As insurance premiums skyrocket nationwide, states are now signaling similar reforms to tort laws, including New York, where insurance rates rank among the fourth-highest in the nation.

“You can have a situation where someone causes the accident intentionally and gets a huge personal injury payout. So we’re putting the brakes on that fraud. Enough is enough here in the State of New York,” Democratic New York Gov. Kathy Hochul said in a statement released in February.

“We’ll start by reforming our tort laws to protect people who play by the rules and insulate the personal injury system from abuse,” Hochul added.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Bleeding dry Hidden tax Wallet
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Spencer Pratt Meets with Trump over Film Tax Incentives as Paramount Pledges to Release 30 Films in Theaters Per Year

August 10, 2026

Fed-Up NYC Homeowners Take to Court to Fight Back Against Mamdani’s New Tax ‘Debacle’

August 8, 2026

Leftist Commentator Who Was Put on Mamdani’s New Tax List Still Complaining a Week Later (VIDEO) * The Gateway Pundit * by Mike LaChance

August 8, 2026

Trump Slams Kamala Harris for Trying to Steal His No Tax on Tips Proposal During Vegas Rally: “She Didn’t Know What it Meant… She Was a Little Late” (VIDEO)

August 5, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

NFL Pressuring Networks to Air Taylor Swift Movie Ads During Games

October 5, 2023

Lauren Bennett, Singer on LMFAO’s ‘Party Rock Anthem,’ Dead at 36

July 10, 2026

(VIDEO) Florida Woman Shocked When DMV Sends Her a Cheeky “SQZ A55” License Plate – “I Looked at it, and Said I Don’t Think So”

July 19, 2026

10 Ways To Snap Out Of Apathy

September 24, 2024
Don't Miss

BTC breaking past $65,000 yet again

Finance August 11, 2026

Bitcoin (BTC-USD) opened at $64,848.91 on Monday, August 10, 2026, 0.1% lower than Sunday’s opening…

Bernie Sanders Calls On The Democratic Party To Ban Super PAC Money

August 11, 2026

‘Harry Potter’ TV Series Star Bel Powley ‘Strongly Disagrees’ With J.K. Rowling’s View that a ‘Trans Woman’ Is a Man

August 11, 2026

China Debuts Its Largest ‘AI Industrial Park’

August 11, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,191)
  • Finance (4,545)
  • Health (2,701)
  • Lifestyle (1,913)
  • Politics (4,188)
  • Sports (5,040)
  • Tech (2,498)
  • Uncategorized (4)
  • World (6,278)
Our Picks

Meet the Runner Who Leads Every Pack and Then Vanishes

February 26, 2023

The 2023 stock rally is no longer about just AI and Big Tech

July 8, 2023

‘Obfuscation And Obstruction’: Lawsuit Demands National Archives Obtain Secret Service, DHS Jan. 6 Texts

April 19, 2023
Popular Posts

BTC breaking past $65,000 yet again

August 11, 2026

Bernie Sanders Calls On The Democratic Party To Ban Super PAC Money

August 11, 2026

‘Harry Potter’ TV Series Star Bel Powley ‘Strongly Disagrees’ With J.K. Rowling’s View that a ‘Trans Woman’ Is a Man

August 11, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.