With Insurance premiums on the rise, now it is more important than ever to focus on CSA scores. Normal daily operations in trucking play a role under the CSA microscope. Carriers are now leaning stronger on these scores that will decide premium rates, but it could also be a deciding factor whether a market will provide a quote. According…
In lieu of the regional, in-person safety seminars that Great West Casualty hosts every year, they are offering free, virtual seminars for commercial motor carriers. All seminars will be held this October, with flexible times to accommodate the busy schedule of transportation professionals. Topics will include “Safety and Regulatory Updates” and “Conducting Effective Incident Reviews”. CLICK HERE TO VIEW…
When putting together a commercial truck insurance program, it may be easy to overlook coverage that protects your business operations. With a wave of high-profile litigation related to the owner-operator model, it may be time to consider coverage to properly protect your business. An Employment Practices Liability policy (EPLI) is a good place to start, though it’s important to ensure…
With the bombshell settlements that have been coming down on the trucking companies, everyone seems to wonder who foots the bill after the insurance limits are maxed. Ultimately the insured is responsible and could potentially have their fleet seized and sold to pay for the additional damages. According to a post with CCJ, there is a post-trial punishment in Texas…
After a brutal two and a half years for truckers, there are signs that the industry is starting to rebound. According to a recent Fox Business article, freight capacity has dropped sufficiently to potentially lift freight rates. With a record number of trucking companies shutting down last year, it will be up to those who are left standing to keep…
With the technology available today, onboard cameras can not only be a useful training tool with live telematics but a way to defend companies and their drivers in court. With companies like SureCam and Lytx providing camera systems geared for the trucking industry, it can be the deciding factor of being able to settle claims or provide a valuable defense in court….
While the economy chugs along at a brisk pace, the trucking industry continues to face substantial headwinds. A volatile freight rate environment led to a 300% increase in trucking company bankruptcies in 2019, including the sudden closure of Celadon, which made national headlines. Rising costs are a contributing factor, with insurance premiums now being cited in multiple industry journals as…