- posted: Mar. 01, 2021
- Personal Injury,  Car,Truck,Bus & Motorcycle Accidents,  Motor Vehicle Accidents
An auto accident can be a stressful ordeal in and of itself, but a truck accident can increase that anxiety and stress due to the potential serious injuries involved. As statistics from the New York City Department of Transportation indicate, more than 10,000 trucking accidents occur each year. Particularly, a recent study has revealed that trucking tort awards are very likely to increase in number and cost in assessing non-economic and punitive damages. Personal injury attorneys and some safety advocates have asserted that awards have increased because trucking accidents have multiplied. Despite this, The Licatesi Law Group does have hope that they will be able to seek more justice for their clients involved in trucking accidents. The American Transportation Research Institute (ATRI) recently examined more than 600 truck accident lawsuits between 2006 and 2019 and the data found that within the first five years of this period, there were 26 awards of over $1 million, but in the last five years there were close to 300 such awards. The same research also found that from 2010 to 2018, the monetary size of jury verdict awards increased by 51.7% annually. We feel that these numbers are beneficial to injury victims. Thankfully, if you are one of these victims then you are not alone because the attorneys at The Licatesi Law Group LLP are here to help. With over 40 years of experience advocating for personal injury victims, we have fought vigorously and aggressively for our clients to make sure that they receive the compensation they deserve. If you want to learn more about how we can make an unfortunate situation, such as a truck accident more bearable, then call 516-227-2662 or email [email protected] for a free consultation.