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Drilling Deep: Fighting nuclear verdicts by preparing for them now

Image: Jim Allen/FreightWaves

Keith Dunlap is the senior vice president with the transportation group at Gallagher Basset, and one of his jobs is to head off nuclear verdicts before they hit the wallet and balance sheet of a trucking company.

Gallagher Bassett is what is known as a third-party administrator, meaning his company handles the claims of thousands of carriers. It’s from that perspective that he advises companies on how to keep out of situations in which a nuclear verdict might ensue, what steps should be taken to prepare for them and how to avoid legal pitfalls that might lead to them. Dunlap speaks with Drilling Deep podcast host John Kingston about the approach his company takes in advising its clients.

Also on this week’s podcast, as always, Kingston gives his listeners the state of the oil market, which right now is as calm as a pond on a windless day. But he talks about one force that might drive prices higher – the U.S. dollar. Join him on this week’s edition of Drilling Deep.


John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.