insurance News Updates

Business, Technology, Equipment, Perspective

Perspective: Trucking’s Telematics Systems Are Only as Good as the Losses They Prevent

Rising insurance premiums are a perennial stress for many motor carriers, many of which are now installing telematics systems with the latest safety technologies to mitigate cost increases.

September 16, 2019
Government, Business, Technology, Safety

Insurers Eye Safety Technologies

As the trucking industry grapples with a litigious environment and many motor carriers struggle to manage ever-rising insurance premiums, safety technologies have captured the attention of the insurance industry.

September 16, 2019
Business, Technology, Safety

‘Safety First’ Is Crucial For Trucking, Insurance

Rising insurance costs for many motor carriers, a focus on safety technologies and regulatory changes on the horizon makes this the ideal time for Transport Topics to publish its first Trucking and Insurance Special Report.

September 16, 2019
Business

California Trucking Association to Sell Insurance Through a New, For-Profit Agency

The California Trucking Association has partnered with C3 Risk and Insurance Services to offer insurance products to trucking companies through a new, for-profit insurance agency.

August 20, 2019
Business

5 Tips For Choosing the Right Fuel Card

Whether you have one truck or one hundred, a fuel card can provide many benefits to your company. With so many fuel card options out there, it can be challenging to know how to choose the right one. When making your selection, you want to walk away knowing you’ve got the best card to meet the unique needs of your business.

August 1, 2019
Business, Technology

Warren Buffett’s Geico Joins Rivals in Tracking Drivers

Geico has launched a telematics offering, called DriveEasy, in certain states, Credit Suisse Group AG analyst Mike Zaremski said in a research note July 31. A phone app tracks driving habits and gives individuals a score and tips, according to Geico’s website.

July 30, 2019
Business

Does Your Banking Partner Have These 8 Attributes?

Banks are eager to compete for your business. These eight must-have attributes will help you evaluate and choose a partner that’s dedicated to providing you with the capital, relationships and technology your business needs to keep growing and thriving.

July 2, 2019
Business, Safety

Lines 'Blurred' Between Longhaul, Local Drivers With Reclassified Workers’ Comp Code, Industry Expert Says

The National Council on Compensation Insurance last year reclassified workers’ compensation codes for motor carriers, a move that somewhat “blurred the lines” between over-the-road truck drivers and the city-local drivers who are home every night, said Sam Tucker, CEO of Carrier Risk Solutions.

May 8, 2019
Business, Equipment, Safety

Aging Driver Workforce Increases Workers' Compensation Risks for Fleets, Experts Say

An aging workforce of drivers is elevating the risk of workers’ compensation claims for fleets even as trucking companies are seeing stable or even lower premiums for workers’ compensation insurance, industry experts said.

May 8, 2019
Business

Apax VIII to Sell Entire Stake in Insurance Broker AssuredPartners

Apax VIII, a fund advised by Apax Partners, will sell its entire stake in insurance broker AssuredPartners to an investor group led by Chicago-based private equity firm GTCR, according to AssuredPartners’ news release.

February 26, 2019