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C.H. Robinson Says Most Liability Cases Settle as Insurance Costs Rise

C. H. Robinson logoC. H. Robinson
Sig2.65Sen-2.60Env0.00Soc0.00Gov-2.35

At Citi’s Global TMT Conference in New York, C.H. Robinson executives discussed a changing legal environment, noting a jury found 23% of blame assigned to the company in a prior case involving nuclear allegations. CFO Damon Lee said 98% of Robinson’s cases are dismissed or settled, and the firm expects insurance costs to rise only moderately, largely passed through in freight rates.

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