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Technology firm Idelic is launching an initiative designed to help fleets negotiate better terms for insurance policies through use of data culled from its suite of safety programs.

A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict.

Nuclear verdicts can be detrimental to motor carriers and their insurance rates, but carriers can mitigate risk by utilizing technology, documenting and sharing safety efforts, and taking advantage of the first 24 hours if a claim occurs.

Three New Orleans women who faced up to five years in prison have been sentenced for their roles in staging accidents with heavy-duty vehicles and ordered to pay more than $5 million in restitution to motor carrier victims of the crashes.

Attorney Doug Marcello of Carlisle, Pa., recently had an opportunity to deploy a unique legal strategy to help avoid the potential for a multimillion dollar “nuclear” verdict.

A new report from the American Transportation Research Institute stated that while trucking industry court cases that result in verdicts of less than $1 million may not dominate headlines like those that end in multimillion-dollar judgments, the cumulative effect of these smaller verdicts can still inflict significant financial distress on the industry.

Program Aired: September 9, 2021. Staged accidents aren't new, but in recent years, perpetrators have begun more actively targeting commercial trucks because they tend to have larger dollar signs associated with them. This issue not only affects the targeted carriers, but is raising insurance rates industry wide and encouraging new criminals to enter the market.

The actions taken by a motor carrier in the hours immediately following a truck-involved crash can be critical to the potential legal outcome of the incident, regardless of whether it is a serious accident or a simple fender bender, trucking attorneys said.

A Nassau County, Fla., jury on Aug. 20 issued a total of $1 billion in monetary damages against two motor carriers that were declared negligent for their role in a pair of 2017 crashes on the same night and near the same location.

Escalating insurance costs have become a severe financial headwind for trucking companies in an industry already known for tight profit margins.