North Carolina motor carriers are being slapped with a 14.61% surcharge on their liability insurance policies to plug a $96 million shortfall in the state’s insurance risk pool.
April 19, 2018Perspective
Opinion: Become a Better Trucking Insurance Buyer
Your customers view your product as a commodity. Rogue competitors lurk, willing to offer your customers a cheaper short-term deal. Rate increases are only achieved if market forces allow them, not whether you need them. Are we talking about the trucking industry or the insurance industry?
March 2, 2018Business
Get, Keep and Grow Capacity in 2018
View this webinar.
January 30, 2018Business
Motor Carrier Insurer Acuity Expands Operations to Texas
ORLANDO, Fla. — Commercial Motor Carrier insurer Acuity has expanded operations to Texas, the company announced at a press conference at American Trucking Associations’ Management Conference & Exhibition on Oct. 21.
October 21, 2017BusinessEquipmentSafetyTCA
How Best to Insure a Large Truck? It’s Complicated
Several years after becoming an insurance agent, David Imschweiler decided on a career change, so he got his commercial driver’s license and became a truck driver.
September 19, 2017Business
Gallagher Bassett Services Acquires National Transportation Adjusters
Arthur J. Gallagher & Co. announced that its subsidiary, Gallagher Bassett Services, has acquired National Transportation Adjusters Inc., a company based in Scottsdale, Ariz., that provides claims management for self-insured trucking companies and corporate fleet operators in the United States.
September 5, 2017GovernmentSafety
FMCSA to Begin Crash Accountability Program to Aid Fleets’ Safety Scores
FMCSA is beginning a two-year crash preventability demonstration program that will classify a crash as “not preventable” on a carrier’s Safety Measurement System profile in instances where the carrier is not at fault.
July 27, 2017Business
Specialty Program Acquires Insurance Company’s Assets
Specialty Program Group has acquired the assets of transportation insurer Paul Hanson Partners.
July 17, 2017Business
Take Me Out to the Ballgame and a Trucking Leadership Symposium
Ballpark Village, which is situated just outside the stadium where the St. Louis Cardinals play, provided a delightful venue for what was billed as a Trucking Leadership Symposium.
June 30, 2017Business
Insurance Market Still Tough as Jury Awards Keep Rising
Trucking companies continue to struggle with a tight, expensive insurance market — paying more for vehicle liability coverage or making due with less of it — while the underwriters that remain in trucking face narrowing or vanishing profits, suggesting the years-old problem will not be leaving anytime soon.
June 12, 2017