insurance News Updates

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Stay informed with the latest trucking insurance news from Transport Topics. Our trusted coverage explores regulatory changes, premium trends, risk management strategies and policy developments affecting carriers, fleets and logistics professionals. Whether you're evaluating coverage options or responding to evolving liability concerns, our expert reporting helps you make smarter, more informed decisions in the complex world of commercial trucking insurance.

Business

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, 2020
GovernmentBusiness

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, 2020
GovernmentBusinessSafety

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, 2020
BusinessTechnologySafety

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, 2020
BusinessSafety

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, 2020
BusinessSafety

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, 2020
BusinessTechnologyEquipmentSafety

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, 2020
GovernmentBusinessTechnologySafety

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
BusinessTechnologyEquipmentPerspective

Perspective: Trucking’s Telematics Systems Are Only as Good as the Losses They Prevent

Rising insurance premiums are a perennial stress for many motor carriers, many of which are now installing telematics systems with the latest safety technologies to mitigate cost increases.

September 16, 2019
GovernmentBusinessTechnologySafety

Insurers Eye Safety Technologies

As the trucking industry grapples with a litigious environment and many motor carriers struggle to manage ever-rising insurance premiums, safety technologies have captured the attention of the insurance industry.

September 16, 2019