News
Post-Montgomery, focus grows on fate of 3 PL insurance premiums
9+ hour, 48+ min ago (733+ words) In the wake of the decision in Montgomery vs. Caribe Transport II, which opens the door to far greater liability or negligence exposure to brokerages, one of the first questions being debated is the impact on the insurance bill a…...
How Carriers and Insurers Are Subsidizing Failure
3+ mon, 1+ week ago (1769+ words) Three hundred bucks, some paperwork, and you're officially a motor carrier. But insurance, that was supposed to be different. That was supposed to be the moment where someone who actually understood risk sat across from you and asked the hard…...
Nuclear Verdicts and Rising Costs: Inside the Motor Carrier Insurance Crisis
5+ mon, 1+ day ago (1022+ words) The insurance industry has witnessed a dramatic shift in litigation outcomes over the past decade, fundamentally altering the risk calculus for motor carriers and their insurers. The industry has experienced a staggering 235% increase in verdicts exceeding $1 million since 2012. A single…...