All the headlines from our Trucking Topic Page, ordered by recency.
Feb 7 2006 // If conscience and good business practices are not enough to make Connecticut trucking companies comply with safety regulations, Attorney General Richard Blumenthal hopes the threat of public humiliation will do the...
Feb 6 2006 // The Federal Bureau of Investigation conservatively estimates that cargo theft costs about $18 billion a year, while the General Accounting Office pegs the number between $20 billion and $60 billion a year. This figure...
Feb 6 2006 // Transportation insurance and, more specifically, motor truck cargo insurance are not fields where an agent should dabble without some expertise. The specific nuances in this class of insurance lead to extensive errors and...
Feb 6 2006 // The Second Circuit Court of Appeals has ruled that the BMC-32 Endorsement [Bureau of Motor Carriers attachment] does not apply to contract carriage for shipments taking place after Jan. 1, 1996, the effective date of the...
Feb 5 2006 // Agents new to the transportation insurance field must be careful of exclusions-especially when it comes to motor truck cargo. This frequently arises where an agent is switching coverage from one carrier to the next. Maybe...
Feb 5 2006 // Producers advised to work closely with a wholesaler or carrier that knows transportation contractsTransportation insurance and, more specifically, motor truck cargo insurance are not fields where an agent should dabble...
Feb 5 2006 // Although the Carmack Amendment provides that the cargo owner’s sole remedy is for “actual loss or injury to the property,” the courts have consistently held that consequential or special damages are...
Feb 5 2006 // The Federal Bureau of Investigation conservatively estimates that cargo theft costs about $18 billion a year, while the General Accounting Office pegs the number between $20 billion and $60 billion a year. This figure...
Jan 31 2006 // Lawsuits stemming from a deadly crash at the base of Avon Mountain in Connecticut last July have led to an unlikely alliance between the victims and the owner of the trucking company at the center of the litigation.To...
Jan 26 2006 // Fireman’s Fund Insurance Company has introduced a new insurance package offering combinations of shippers interest, bailee, legal liability, and errors and omissions (E&O) coverages for freight forwarders. The...
Jan 25 2006 // National Advantage Insurance Services Inc., Tustin, Calif., has added a new program for truckers general liability in Arizona, California, Oregon and Nevada. The program is underwritten by an A.M. Best non-admitted carrier...
Dec 7 2005 // A trucking company owner in Hudson, N.H. has pleaded guilty to federal charges that he conspired to defraud the Internal Revenue Service and Transportation Department and his workers compensation insurance carriers.The...
Dec 5 2005 // According to conventional wisdom, 2004 was the first year in the past 16 where insurers finally broke through and made an underwriting profit on commercial lines auto. The breakthrough came after a year, 2003, which saw...
Dec 4 2005 // According to conventional wisdom, 2004 was the first year in the past 16 where insurers finally broke through and made an underwriting profit on commercial lines auto. The breakthrough came after a year, 2003, which saw...
Nov 25 2005 // Nearly a year after President Bush signed the Intelligence Reform and Terrorism Prevention Act, the trucking industry is seeking flexibility in the act’s regulatory implementation so that commercial drivers are not...
Nov 21 2005 // Nuts & Bolts: Lexington Insurance Company, a member company of American International Group Inc., introduced Lex TransportPlus, a new product suite encompassing two policies: Motor Truck Cargo and Vehicle Physical...
Nov 20 2005 // Insurers like writing commercial auto business, and most lines of business, in the Midwestern states because of market stability and a favorable legislative and regulatory climate. But even in this typically stable line of...
Oct 14 2005 // Lexington Insurance Company, a member company of American International Group Inc., has introduced Lex TransportPlus, a new product suite encompassing two policies – Motor Truck Cargo and Vehicle Physical Damage...
Oct 2 2005 // The owner of a Bloomfield trucking company involved in a fatal 20-vehicle crash this summer in Avon has been ordered to appear in court and bring with him financial records for the past year.The order on Friday came two...
Sep 28 2005 // The following letter is from FMCSA Administrator Annette Sandberg in response to a recent Insurance Journal article on the new Federal hours-of-service rule for truck drivers:To the editor: “It is unfortunate that...