News
Clark: The growing insurance squeeze on carriers
7+ hour, 45+ min ago (220+ words) Carriers today are navigating one of the most challenging operating environments in recent memory. From fluctuating fuel prices and persistent driver shortages to tightening regulations and volatile freight demand, the pressures are coming from every direction. Nuclear verdicts exceeding $10 million…...
Daimler Truck Financial Services and Geico launch connected insurance program to lower premiums
6+ mon, 5+ day ago (194+ words) "The target audience includes small fleet operators and owner-operators of Freightliner and Western Star trucks who are interested in reducing insurance costs through data-driven, connected insurance programs that reward safe driving." Daimler Truck Financial Services recently launched Connected Insurance, a…...
How nuclear verdicts are driving up fleet insurance costs and reshaping risk strategies
6+ mon, 2+ week ago (726+ words) Commercial auto liabilities have experienced an annual growth of 10. 1% since 2016, according to David Mc Knight, a principal at consulting firm The Brattle Group. He said this is the most significant increase in insurance segments tracked in his company's Tort Costs…...