insurance
Reliance Partners Adds Borderless Coverage to Portfolio
Trucking insurance company Reliance Partners has acquired Borderless Coverage, a North American cross-border supply chain insurance provider.
February 18, 2021‘Spotter’ in New Orleans Accident Scam Sentenced to 21 Months
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A so-called spotter who participated in at least two staged accidents against trucks in the New Orleans area has been sentenced to 21 months in prison for his part in the wire fraud conspiracy.
January 22, 2021How a Texas ‘Fender Bender’ Truck Accident Turned Into a $32 Million Nuclear Jury Verdict
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A civil action against FTS International Services remains one of dozens of so-called “nuclear” verdicts against motor carriers, defined as awards in excess of $10 million, that in recent years have been on a steep rise.
November 20, 2020Traffic Eases Amid Pandemic, but Trucking Insurance Costs Still on Upward Trajectory
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Reduced highway traffic during the ongoing COVID-19 crisis has lowered the risk of crashes, but this silver lining of the pandemic has provided only a temporary reprieve for trucking companies that have seen escalating insurance costs in recent years.
October 23, 2020Startup Harnesses Data, Telematics in New Insurance Model for Fleets
Chuck Wallace (left) and Reid Spitz formed High Definition Vehicle Insurance in 2018. (Andrew Collings Photography)
High Definition Vehicle Insurance, launched in 2018, focuses on small and midsize trucking fleets.
October 23, 2020Rates Will Increase, But What Else Could 2021 Bring for Truck Insurance?
Year-over-year, motor carriers are having to pay more money for less coverage.
October 23, 2020Poor Insurance Underwriter Performance Is Causing Increasing Rates, Expert Says
Ryan Erickson of McGriff Insurance Services. (Transport Topics)
The insurance underwriting industry continues to face financial uncertainty, characterized by historic underwriting losses for the transportation sector and rising insurance rates for motor carriers, insurance executives said during a virtual educational session at American Trucking Associations’ Management Conference & Exhibition.
October 22, 2020Plaintiff Lawyers Target Trucking Company Safety
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A recent study that explored the skyrocketing rise in jury awards against trucking companies went beyond the numbers to seek expert input on what fleets can do to protect themselves.
October 21, 2020Four More Individuals Indicted in Staged Accidents Scam in La.
The latest indictment in the staged accidents scam alleges that four defendants intentionally used a vehicle to stage an accident in October 2015 with a tractor-trailer owned by C.R. England. (John Sommers II for Transport Topics)
Four others have been indicted in connection with a sweeping federal investigation into staged accidents with commercial vehicles in the New Orleans area.
October 19, 2020Nine More Individuals Indicted in Staged Accidents Scam in La.
Most of the alleged staged accidents have taken place on Interstate 10 in the New Orleans area. (Joel Carillet/Getty Images)
Nine more people have been indicted in connection with a sweeping federal investigation into staged accidents with commercial vehicles in the New Orleans area.
September 22, 2020