insurance

Government, Business, Safety

Nation’s Courts Feeling Impact of COVID-19 Pandemic

Courtroom scene with judge, gavel and jury Chris Ryan/Getty Images

The COVID-19 pandemic is affecting the nation’s court systems, and for trucking, legal experts believe it could have a long-term effect on how juries view cases involving motor carriers.

Eric Miller | Senior Reporter
May 21, 2020
Business

Reliance Partners Names Thom Albrecht Chief Financial Officer

Reliance Partners, an independent insurance agency serving the commercial vehicle industry, announced the addition of Thom Albrecht as chief financial officer.

May 19, 2020
Government, Business

10 Actions You Can Take Today to Avoid Skyrocketing Insurance Premiums

SmartDrive Webinar Art

The start of 2020 has been chaotic to say the least. This is on top of rising insurance premiums and increased nuclear verdicts. While most fleets experience double-digit-percentage coverage increases, what can you do to lower – or maintain - your premiums, reduce your liabilities and protect your fleet?

May 14, 2020
Government, Business, Safety

Small Settlements’ Impact Tops ATRI’s Research Priorities List

Truck on road with mountains in background vitpho/Getty Images

The American Transportation Research Institute’s recently announced list of research priorities for 2020 includes several key trucking industry issues, ranging from legal settlements to vehicle-miles-traveled taxes.

Eleanor Lamb | Staff Reporter
May 13, 2020
Business, Technology, Safety

Some Fleets Turn to Cameras to Help Mitigate Rising Insurance Costs

Lytx SF300 DriveCam event recorder in a truck cab Onboard video can protect fleets from litigation, vendors say. (Lytx)

Many trucking companies have installed cameras in their vehicles as a way to coach drivers and avoid protracted litigation, but onboard video also can help address rising insurance costs in the transportation industry.

Hilary Daninhirsch | Special to Transport Topics
May 5, 2020
Business, Safety

Insurers Return Money to Customers During Driving Slump

Elevated train tracks sit above a near-empty street in Chicago on April 3. Elevated train tracks sit above a near-empty street in Chicago on April 3. (Christopher Dilts/Bloomberg News)

Auto insurers Allstate Corp. and American Family Insurance are returning some money to customers as widespread shutdowns across the U.S. from the coronavirus cut down on driving.

Katherine Chiglinsky | Bloomberg News
April 6, 2020
Business, Safety

Putting the Brakes on Rising Insurance Costs

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Fleet owners and operators are faced with a convergence of business challenges that have forced some operations to close. Tight shipping rates, increased insurance premiums, and continued driver shortages are pressuring businesses to reconsider long held operational beliefs in order to stay profitable.   In these challenging times, how do commercial fleets create a model of operational excellence that reduces risk and protects their profitability?

March 26, 2020
Business, Technology, Equipment, Safety

Fleets Turn to Predictive Analytics to Prevent Crashes, Reduce Driver Turnover

SambaSafety analytics Steve Bryan, executive vice president and general manager of SambaSafety, said the company in recent years has developed an expertise in AI, machine learning and analytics. Bryan founded Vigillo, which SambaSafety acquired in 2017. (SambaSafety)

A trucking company’s success and reputation depend directly on its drivers’ safety performance, but it’s not so easy to determine which drivers are most likely to be involved in a crash or incur a safety infraction.

Katie Pyzyk | Special to Transport Topics
March 6, 2020
Government, Business, Technology, Safety

Experts: Fleets Should Expect Even Higher Insurance Costs

Signing papers Getty Images

Trucking insurance premiums have been on the rise in recent years and are expected to get worse.

Connor D. Wolf | Staff Reporter
February 26, 2020
Business, Technology, Equipment, Perspective

Perspective: Trucking’s Telematics Systems Are Only as Good as the Losses They Prevent

Rising insurance premiums are a perennial stress for many motor carriers, many of which are now installing telematics systems with the latest safety technologies to mitigate cost increases.

September 16, 2019

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