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News

FreightWaves
freightwaves.com > news > broker-insurance-frenzy-3-digit-cost-hikes-ahead

Broker Insurance Frenzy: 3-Digit Cost Hikes Ahead

2+ hour, 8+ min ago   (88+ words) Freight broker insurance is in a frenzy, and premium hikes are getting ugly. Thom Albrecht helps break down how the CH Robinson verdict, underwriting pullback and cargo theft are driving double-digit to triple-digit cost increases for brokers. He also explains…...

FreightWaves
freightwaves.com > news > why-trucking-companies-should-hire-an-insurance-agent-not-just-buy-insurance

Why Trucking Companies Should Hire an Insurance Agent—Not Just Buy Insurance

1+ mon, 2+ week ago   (13+ words) FreightWaves...

FreightWaves
freightwaves.com > news > post-montgomery-focus-grows-on-fate-of-3pl-insurance-premiums

Post-Montgomery, focus grows on fate of 3PL insurance premiums

2+ mon, 4+ week 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…...

FreightWaves
freightwaves.com > news > how-carriers-and-insurers-are-subsidizing-failure

How Carriers and Insurers Are Subsidizing Failure

6+ 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…...

FreightWaves
freightwaves.com > news > nuclear-verdicts-and-rising-costs-inside-the-motor-carrier-insurance-crisis

Nuclear Verdicts and Rising Costs: Inside the Motor Carrier Insurance Crisis

8+ 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…...