Across America Insurance Services, Inc., a specialized wholesale insurance brokerage serving the commercial trucking and transportation industry, is expanding its excess and surplus (E&S) service offerings through a new partnership with carrier Incline Americas Insurance Company, a member of the Incline P&C Group
Tag: transportation insurance
USI: Commercial Auto Liability Markets to Seek Rate Increases in 2024
USI predicted flat renewals to rate increases of 5% for accounts with good loss history and a range of 20% to 30% for more troubled accounts.
The Motor Carrier Insurance Education Foundation (MCIEF) Appoints Dave Heller as Thomas Ruke Fellow
The Motor Carrier Insurance Education Foundation (MCIEF), a nonprofit foundation that educates insurance professionals serving the transportation industry, is pleased to announce the appointment of Dave Heller as their newest Thomas Ruke Fellow.
Alera Group Bolsters Transportation Insurance Offerings with Acquisition of Capstone
Alera Group announced the acquisition of Capstone Insurance Services, an independent insurance agency that offers personalized programs to simplify insurance solutions for the transportation industry.
National Supply Chain Issues and the Trucking Industry
Businesses and consumers rely on the trucking industry to keep rolling as the best and often the only solution to fully support the nation’s supply chains by delivering everything from life’s necessities to forgettable frivolities. COVID-19, with all its variations, has disrupted supply chains worldwide across all sectors, including retail, manufacturing, transportation, logistics, and healthcare.… Continue reading National Supply Chain Issues and the Trucking Industry
Ships Get Older and Slower as Emissions Rules Bite
If shipping is the heart of global trade, its beat is about to slow. Many shipping companies are sticking with ageing fleets due to uncertainty about which fuels to use in the long term to reduce greenhouse gas emissions, but older vessels may soon have to start sailing slower to comply with new environmental rules.… Continue reading Ships Get Older and Slower as Emissions Rules Bite
U.S. Supply-Chain Pressures Soar to a Record, Index Shows
A measure of U.S. supply-chain pressures rose to a record, adding to already stiff inflationary headwinds from logistics amid dwindling warehouse space and unprecedented inventory costs. The Logistics Managers’ Index, released Tuesday, advanced for a third straight month in March, reaching 76.2 from 75.2 in February. The monthly survey, released by Colorado State University and… Continue reading U.S. Supply-Chain Pressures Soar to a Record, Index Shows
Fuel Costs Posing Challenges for Small Trucking Operators
The rapid rise in diesel fuel prices this month is putting a strain on freight transportation companies and their customers, and small trucking operators are struggling to keep up with the rising costs. Independent operators and smaller fleets are the most vulnerable to rising diesel prices because they have less negotiating power with shippers and… Continue reading Fuel Costs Posing Challenges for Small Trucking Operators
Truckers’ Premiums Keep Rising, Despite Safety Improvements, Coverage Changes
As with so many other goods and services, insurance for commercial trucks has become more costly since the pandemic – but a closer look at the numbers shows that this trend pre-dates COVID-19’s economic and supply-chain disruption. “Despite reductions in insurance coverage, rising deductibles, and improved safety, almost all motor carriers experienced substantial increases in… Continue reading Truckers’ Premiums Keep Rising, Despite Safety Improvements, Coverage Changes
The Liberty Company Insurance Brokers Partners with LAGG
The Liberty Company Insurance Brokers announced today that it has partnered with LAGG. LAGG was formed in 2016 by industry veteran, Rick Mascolino. The agency helps its clients in construction, transportation, or personal lines, achieve the goal of obtaining the lowest cost insurance program while enhancing their coverage. Rick and his team have a core… Continue reading The Liberty Company Insurance Brokers Partners with LAGG