Truck insurance
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Insurance & Risk Management
Excess insurance seemingly unattainable thanks to rising rates
“Nuclear verdicts are destroying the excess market. Until someone puts a leash on these lawsuits, I don’t see prices going down that’s for sure,” said…
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Infographics
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News
House lawmakers vote to raise mandatory insurance coverage to $2 million
Amendment more than doubles current minimum of $750,000 for commercial trucks
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Driver issues
Petition calls for more targeted relief for truck leases, insurance costs
KeepTruckin has started a petition asking congress to extend forgivable loans to cover truck lease/purchase payments and insurance costs.
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Drilling Deep Podcast
Drilling Deep: Where the crisis in truck insurance rates came from
It’s shut down businesses and thrown planning into turmoil. No, it’s not COVID-19. It’s the rising insurance rates that trucking companies have been facing over…
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Insurance & Risk Management
Billboard attorneys to blame for high insurance premiums
Insurance spikes can be attributed to the ongoing threat of nuclear verdicts.
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News
Capacity crunch coming, say top trucking executives
Covenant Transportation’s Joey Hogan and Jet Express’ Kevin Burch talk capacity, insurance, trucking’s image and a lot more in wide-ranging discussion at ACT Research event.
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News
Landstar still waiting on inflection in demand and capacity (with video)
Market softness, excess capacity, weak demand and soaring insurance costs and claims were the near-term challenges highlighted on Landstar’s conference call.
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AskWaves
How does captive insurance benefit trucking companies?
Trucking insurance continues to get more expensive. Chris Henry and Daniel Pickett provide information about captive insurance agencies.
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Equipment
Even in an ELD world, CVSA Roadcheck results show focus on HOS compliance still needed
Even with all the publicity about the electronic logging device mandate, this year’s Roadcheck safety blitz in June still saw 37.2% of drivers placed out-of-service…
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