insurance News Updates

Business

Apax VIII to Sell Entire Stake in Insurance Broker AssuredPartners

Apax VIII, a fund advised by Apax Partners, will sell its entire stake in insurance broker AssuredPartners to an investor group led by Chicago-based private equity firm GTCR, according to AssuredPartners鈥 news release.

February 26, 2019
GovernmentBusinessSafety

CVSA Files 'Friend of the Court' Brief in Chameleon Carrier Case

The Commercial Vehicle Safety Alliance has filed a 鈥渇riend of the court鈥 brief with the Indiana Supreme Court in a 鈥渃hameleon carrier鈥 case in which an insurance broker is accused of helping the carrier illegally change its name to escape its bad safety record.

November 15, 2018
GovernmentBusinessSafety

Like Motor Carriers, Truck Insurers Await Changes to Federal CSA Program

With potentially big changes coming to the federal Compliance, Safety, Accountability program, insurance companies are hoping for a better way to identify unsafe motor carriers in an environment where insurers may be paying out much higher claims under the current system while some carriers are battling skyrocketing premiums.

October 17, 2018
GovernmentBusinessSafety

Replay: LiveOnWeb's 'Managing Risk in Trucking'

What techniques are fleets using to pursue lower insurance costs as the Federal Motor Carrier Safety Administration revamps its Compliance, Safety, Accountability scoring system? Our Oct. 17 LiveOnWeb program, "Managing Risk in Trucking," explores this topic. Watch the replay.

October 10, 2018
BusinessLogistics

Acquisitions Mark Trend of Truck Insurance Agency Consolidation

AssuredPartners Inc., a Lake Mary, Fla.-based insurance brokerage firm, said it acquired the Roemer Insurance Agency and its affiliate Sunforest Transportation Insurance Group, both based in Toledo, Ohio.

September 12, 2018
GovernmentBusiness

North Carolina Insurance Risk Pool Halves Surcharge

In an effort to soften the blow of a surcharge tacked onto insurance policies for North Carolina truckers, officials with the state鈥檚 insurance risk pool have cut in half the surcharge that will plug a $96 million shortfall in the agency鈥檚 balance sheet.

July 10, 2018
GovernmentBusinessTechnologyEquipmentSafety

Safety, Insurance Costs Cited in Study as Reasons to Consider Autonomous Vehicles

As autonomous vehicles become more commonplace on our highways and roads, drivers of both trucks and passenger cars are likely to become more accepting of the technology, a survey of U.S. consumers by the market research firm J.D. Power found.

June 6, 2018
GovernmentSafety

North Carolina Truckers to See 14.61% Surcharge on Liability Insurance

North Carolina motor carriers are being slapped with a 14.61% surcharge on their liability insurance policies to plug a $96 million shortfall in the state鈥檚 insurance risk pool.

April 19, 2018
Perspective

Opinion: Become a Better Trucking Insurance Buyer

Your customers view your product as a commodity. Rogue competitors lurk, willing to offer your customers a cheaper short-term deal. Rate increases are only achieved if market forces allow them, not whether you need them. Are we talking about the trucking industry or the insurance industry?

March 2, 2018
Business

Get, Keep and Grow Capacity in 2018

View this webinar.

January 30, 2018