Huge losses in Illinois’ commercial auto assigned risk plan are fueling claims that weak auditing and fleet misreporting may be distorting the state’s trucking insurance market.
Nirvana Insurance snags $100M pre-emptive Series D led by Valor Equity, with Lightspeed and General Catalyst joining in. CEO Rushil Goel: AI will redefine underwriting amid 20% rate hikes.
Regulators plan to submit to the White House the outline for a new truck-registration system that is expected to be more transparent and easier to use.
Insurance woes weigh down Knight-Swift earnings. Reading tea leaves with Covenant Logistics’ Q4 results; evolution of cybersecurity in the supply chain with Antwan Banks
Proposed rulemaking on automatic emergency braking (AEB) introduced in June by the National Highway Traffic Safety Administration and the Federal Motor Carrier Safety Administration is getting more pushback from a coalition of state law enforcement officials and brake manufacturers that argue more dialogue is needed before moving forward.
Cargo insurance is vital protection for carriers, but preventing damages in the first place, like these tips from Reliance Partners, can help them avoid cash payouts and maintain trust with shippers and customers.
Transportation insurance broker Reliance Partners announces a recapitalization with plans to reach $1 billion in written premiums in the next three years.
BulkLoads.com founders Jared Flinn and Matt Fredin continue to expand their service offerings, launching Bulk Insurance Group this week.
Fatalities in crashes involving at least one large truck jumped 13% in 2021, hitting a “crisis” level, according to federal regulators.
Big Benefits for Small Fleets: The CarrierHQ Difference
President Chad Eichelberger details Reliance Partners’ appearance yet again on the list and why 2021 was a major year for the company.
“A lot of carriers kind of look the other way,” Reliance Partners’ Robert Kaferle said. “I’ve heard it more times than I can count, ‘They’re a really good driver,’ but upon digging into their history and violations, you may find that they’re in need of some retraining.”
Reliance Partners Director of Safety Robert Kaferle makes it clear that safety consulting in most cases helps rather than hurts premiums.
Republicans deride “restrictive” policies that were retained from last year in the Democrats’ latest version of the surface transportation reauthorization bill.
Compliance reviews can catch any motor carrier off guard. Reliance Partners’ John Seidl encourages participation in mock audits to reveal and correct violations before the federal government does.
“One click is all that’s required to buy the coverage needed for a load,” said Micah Keith, Reliance Partners’ senior director of sales. Securing shipper’s interest coverage has never been easier.
Reliance Partners’ Brandon Richards offers those new to the industry advice on auto liability policies — a prerequisite for every motor carrier.
Mark Vickers of Reliance Partners warns transportation providers of Mexico’s eye-opening insurance regulations, which he compares to the “Wild West.”
Koffie provides quotes based on individual truck characteristics within a day.
OOIDA testifies on vaccine and truck parking concerns before the House transportation committee.
