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Fleets should expect rising insurance premiums, especially for property/casualty and workers’ compensation lines, executives and insurance brokers said.

If some enterprising psychologist hasn’t done so already, an intriguing study could be conducted on why so many otherwise intelligent people have never managed to read all of a warranty, a homeowner’s insurance policy or even the instruction manual that came with the latest piece of pricey electronic equipment.

Michael Card, second vice chairman of American Trucking Associations, urged insurance underwriters in London last week to re-enter the U.S. trucking market.

The Federal Motor Carrier Safety Administration told carriers last week that letters warning about possible loss of operating authority after notifying the agency of cargo insurance cancellations were sent in error.

The Federal Motor Carrier Safety Administration said motor carriers that received notices of investigation for revocation of authority based on cancellation of their cargo insurance policies on or after March 21 “need not respond to such letters if they have a service date of Feb. 19 or after.”

Thousands of motor carriers have received erroneous warnings from the Federal Motor Carrier Safety Administration recently about the possible loss of their operating authority due to the cancellation of cargo insurance policies that the agency no longer requires in most cases.