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  • Carrier Coverages
    • Freight Broker Bonds
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    • Construction/Excavators Insurance
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Financial Responsibility of Broker and Freight Forwarders May Be Changing

  • Post author:Luke Kibby
  • Post published:January 6, 2023
  • Post category:FMCSA Rules and Regulations

FMCSA submitted a proposed rulemaking and is seeking comments on changes to Broker and Freight Forwarder Financial Responsibility. Previously, FMCSA implemented the MAP-21 requirement to increase the financial security amount…

Continue ReadingFinancial Responsibility of Broker and Freight Forwarders May Be Changing

How to Shop Workers’ Compensation Insurance

  • Post author:Luke Kibby
  • Post published:December 15, 2022
  • Post category:New Venture

It is not uncommon for employees to get hurt on the job, no matter what industry they work in. The top 5 highest incidence rates of workplace injuries in 2020 (per…

Continue ReadingHow to Shop Workers’ Compensation Insurance

Does Insurance Cover Computer modules (CPCs) Stolen from Trucks?

  • Post author:Luke Kibby
  • Post published:December 12, 2022
  • Post category:General Commercial Truck Insurance News

Think you only have to worry about cargo theft? Think again! With used vehicle prices so high and supply chain issues still running rampant, theft of vehicle catalytic converters and…

Continue ReadingDoes Insurance Cover Computer modules (CPCs) Stolen from Trucks?

Tesla Semi Deliveries Begin as Insurers Wait To Offer Guidance

  • Post author:Luke Kibby
  • Post published:December 6, 2022
  • Post category:General Commercial Truck Insurance News

https://youtu.be/LtOqU2o81iI?t=705 After a three-year production delay, Tesla semi production began in October 2022 and just helped a delivery event for PepsiCo on Dec 1st.  This is after battery constraints, parts…

Continue ReadingTesla Semi Deliveries Begin as Insurers Wait To Offer Guidance

FMCSA Redefines Freight Broker and Bona Fide Agents

  • Post author:Luke Kibby
  • Post published:November 16, 2022
  • Post category:General Commercial Truck Insurance News

When should a dispatch service be considered a bona fide agent? What role do bona fide agents play in the transportation of freight? The FMCSA has considered stakeholder comments and…

Continue ReadingFMCSA Redefines Freight Broker and Bona Fide Agents

Underwriters Want Carriers to Prove their Ability to Resolve Claims Quickly

  • Post author:Luke Kibby
  • Post published:October 28, 2022
  • Post category:General Commercial Truck Insurance News

The reason we have insurance is because accidents are an inevitable part of the business and it’s important to be prepared. While making sure you are covered properly is critical…

Continue ReadingUnderwriters Want Carriers to Prove their Ability to Resolve Claims Quickly

How To Temporarily Shut Down Your Trucking Company

  • Post author:Luke Kibby
  • Post published:October 20, 2022
  • Post category:FMCSA Rules and Regulations

With trucking jobs evaporating and fears of a deep 2023 recession, many owner-operators and small fleets may be struggling. In the past year alone, we are seeing a high amount…

Continue ReadingHow To Temporarily Shut Down Your Trucking Company

4 Ways to Improve Your Insurance CAB Score

  • Post author:Luke Kibby
  • Post published:October 10, 2022
  • Post category:High Risk Carrier Insurance

https://www.youtube.com/watch?v=CAbtTHEJ6PA Your insurance CAB report that underwriters use include tons of available date online that is compiled together and a score is created based on how many red flags your…

Continue Reading4 Ways to Improve Your Insurance CAB Score

Insurance Shines While 2021 ATRI Report Finds Costliest Year Ever in Trucking

  • Post author:Luke Kibby
  • Post published:August 18, 2022
  • Post category:General Commercial Truck Insurance News

With the rise in fuel costs, supply chain issues, and the risk of uncontrollable inflation, trucking saw a 12.7% increase in average operation costs, hitting $1.855 per mile, the costliest…

Continue ReadingInsurance Shines While 2021 ATRI Report Finds Costliest Year Ever in Trucking

What Is A Freight Claim And How Does It Affect Insurance Rates?

  • Post author:Luke Kibby
  • Post published:August 4, 2022
  • Post category:General Commercial Truck Insurance News

A freight claim is a breach of contract claim that the shipper or consignee can make against the transporter or carrier for damage, loss, or shortage. Basically, the contract between…

Continue ReadingWhat Is A Freight Claim And How Does It Affect Insurance Rates?
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Recent Posts

  • Financial Responsibility of Broker and Freight Forwarders May Be Changing
  • How to Shop Workers’ Compensation Insurance
  • Does Insurance Cover Computer modules (CPCs) Stolen from Trucks?
  • Tesla Semi Deliveries Begin as Insurers Wait To Offer Guidance
  • FMCSA Redefines Freight Broker and Bona Fide Agents

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