°®¶¹´«Ã½

The insurance underwriting industry continues to face financial uncertainty, characterized by historic underwriting losses for the transportation sector and rising insurance rates for motor carriers, insurance executives said during a virtual educational session at American Trucking Associations’ Management Conference & Exhibition.

A recent study that explored the skyrocketing rise in jury awards against trucking companies went beyond the numbers to seek expert input on what fleets can do to protect themselves.

Four others have been indicted in connection with a sweeping federal investigation into staged accidents with commercial vehicles in the New Orleans area.

Nine more people have been indicted in connection with a sweeping federal investigation into staged accidents with commercial vehicles in the New Orleans area.

The trucking industry is making gains in its fight against the plaintiffs bar and the increasing size of jury verdicts levied against motor carriers, but those in the trenches say the battle is not over.

A New Orleans motor carrier has filed a federal Racketeer Influenced and Corrupt Organizations Act civil lawsuit against a New Orleans attorney and two convicted participants in a pair of staged accidents with tractor-trailers in 2017.

The ringleader of a New Orleans-area group that staged accidents with unsuspecting tractor-trailer drivers has pleaded guilty for his role in the conspiracy.

Louisiana lawmakers have passed legislation aimed at helping the state’s truckers fight off excessive jury verdicts in court.

Insurance costs have been rising by double digits year-over-year, and with profit margins in the trucking industry averaging out at 5%, these cost increases are devastating. Learn from Hayden Cardiff, Founder/Co-CEO of Idelic, and Chris Vogel, Senior Vice President of Cottingham & Butler, Inc.,  as they discuss what insurance providers are really looking for.

A measure that would increase from $750,000 to $2 million the minimum liability insurance requirement for commercial motor vehicles was approved by a House panel and included in a recent highway funding bill.