In an effort to soften the blow of a surcharge tacked onto insurance policies for North Carolina truckers, officials with the state’s insurance risk pool have cut in half the surcharge that will plug a $96 million shortfall in the agency’s balance sheet.
July 10, 2018insurance
Government, Business, Technology, Equipment, Safety
(Ohio Department of Transportation)
Safety, Insurance Costs Cited in Study as Reasons to Consider Autonomous Vehicles
(Ohio Department of Transportation)
As autonomous vehicles become more commonplace on our highways and roads, drivers of both trucks and passenger cars are likely to become more accepting of the technology, a survey of U.S. consumers by the market research firm J.D. Power found.
June 6, 2018
Government, Safety
NCRF Annual Report
North Carolina Truckers to See 14.61% Surcharge on Liability Insurance
NCRF Annual Report
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, 2018
Opinion
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, 2018
Business
Johnson by John Sommers II for Transport Topics
Motor Carrier Insurer Acuity Expands Operations to Texas
Johnson by John Sommers II for Transport Topics
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, 2017
Business, Equipment, Safety, TCA
shotbydave/Getty Images
How Best to Insure a Large Truck? It’s Complicated
shotbydave/Getty Images
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, 2017
Business
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, 2017
Business
iStock
Insurance Market Still Tough as Jury Awards Keep Rising
iStock
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
Business
High-Profile Accidents Prompt Insurers to Cut Truck Coverage
Costly, high-profile accident losses are transforming the trucking insurance market, potentially raising costs and tightening pressure on fleets to improve safety and reduce risk, industry experts said.
March 21, 2016
Business
Scamming Cargo Insurance Broker Behind Bars
The FBI said Aug. 25 the former operator of Appeal Insurance Agency, based in Norcross, Georgia, has been sentenced to four years in federal prison for insurance fraud.
August 27, 2015Pages
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