With potentially big changes coming to the federal Compliance, Safety, Accountability program, insurance companies are hoping for a better way to identify unsafe motor carriers in an environment where insurers may be paying out much higher claims under the current system while some carriers are battling skyrocketing premiums.
October 17, 2018insurance
Government, Business, Safety
Officers perform a roadside inspection. There's more data than ever on carriers' operations, insurance experts say. (Federal Motor Carrier Safety Administration)
Like Motor Carriers, Truck Insurers Await Changes to Federal CSA Program
Officers perform a roadside inspection. There's more data than ever on carriers' operations, insurance experts say. (Federal Motor Carrier Safety Administration)
Government, Business, Safety
From left: Joe Howard, Joe DeLorenzo, Lisa Gonnerman, Eric Miller
Replay: LiveOnWeb's 'Managing Risk in Trucking'
From left: Joe Howard, Joe DeLorenzo, Lisa Gonnerman, Eric Miller
What techniques are fleets using to pursue lower insurance costs as the Federal Motor Carrier Safety Administration revamps its Compliance, Safety, Accountability scoring system? Our Oct. 17 LiveOnWeb program, "Managing Risk in Trucking," explores this topic. Watch the replay.
October 10, 2018
Business, Logistics
John Sommers II for Transport Topics
Acquisitions Mark Trend of Truck Insurance Agency Consolidation
John Sommers II for Transport Topics
AssuredPartners Inc., a Lake Mary, Fla.-based insurance brokerage firm, said it acquired the Roemer Insurance Agency and its affiliate Sunforest Transportation Insurance Group, both based in Toledo, Ohio.
September 12, 2018
Government, Business
NCRF annual report
North Carolina Insurance Risk Pool Halves Surcharge
NCRF annual report
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, 2018
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