In the past five years there were nearly 300 court cases resulting in jury verdicts over $1 million against trucking fleets, according to a new American Transportation Research Institute analysis made public on June 23.
June 24, 2020Government, Business, Safety
Nuclear Jury Awards Against Truckers on the Rise, ATRI Study Shows
Government, Business, Safety
Nation’s Courts Feeling Impact of COVID-19 Pandemic
The COVID-19 pandemic is affecting the nation’s court systems, and for trucking, legal experts believe it could have a long-term effect on how juries view cases involving motor carriers.
May 21, 2020Business
Reliance Partners Names Thom Albrecht Chief Financial Officer
Reliance Partners, an independent insurance agency serving the commercial vehicle industry, announced the addition of Thom Albrecht as chief financial officer.
May 19, 2020Government, Business
10 Actions You Can Take Today to Avoid Skyrocketing Insurance Premiums
The start of 2020 has been chaotic to say the least. This is on top of rising insurance premiums and increased nuclear verdicts. While most fleets experience double-digit-percentage coverage increases, what can you do to lower – or maintain - your premiums, reduce your liabilities and protect your fleet?
May 14, 2020Government, Business, Safety
Small Settlements’ Impact Tops ATRI’s Research Priorities List
The American Transportation Research Institute’s recently announced list of research priorities for 2020 includes several key trucking industry issues, ranging from legal settlements to vehicle-miles-traveled taxes.
May 13, 2020Business, Technology, Safety
Some Fleets Turn to Cameras to Help Mitigate Rising Insurance Costs
Many trucking companies have installed cameras in their vehicles as a way to coach drivers and avoid protracted litigation, but onboard video also can help address rising insurance costs in the transportation industry.
May 5, 2020Business, Safety
Insurers Return Money to Customers During Driving Slump
Auto insurers Allstate Corp. and American Family Insurance are returning some money to customers as widespread shutdowns across the U.S. from the coronavirus cut down on driving.
April 6, 2020Business, Safety
Putting the Brakes on Rising Insurance Costs
Fleet owners and operators are faced with a convergence of business challenges that have forced some operations to close. Tight shipping rates, increased insurance premiums, and continued driver shortages are pressuring businesses to reconsider long held operational beliefs in order to stay profitable.   In these challenging times, how do commercial fleets create a model of operational excellence that reduces risk and protects their profitability?
March 26, 2020Business, Technology, Equipment, Safety
Fleets Turn to Predictive Analytics to Prevent Crashes, Reduce Driver Turnover
A trucking company’s success and reputation depend directly on its drivers’ safety performance, but it’s not so easy to determine which drivers are most likely to be involved in a crash or incur a safety infraction.
March 6, 2020Government, Business, Technology, Safety
Experts: Fleets Should Expect Even Higher Insurance Costs
Trucking insurance premiums have been on the rise in recent years and are expected to get worse.
February 26, 2020