August 20, 2025
Understanding Commercial Truck Insurance Commercial truck insurance is not a one-size-fits-all solution. The coverage required varies with each driver and the type of cargo being transported. Essential Coverage Types It is important to know the types of commercial insurance required by states, shippers, and brokers, and to assess additional coverage needs. In addition to physical […]
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August 19, 2025
Traditional insurance serves as a risk transfer mechanism for fleets, enabling them to conduct business with reduced anxiety. Recently, however, captive insurance has emerged as a more appealing alternative. During the TTSAO’s yearly conference in Brampton on February 29, a speaker highlighted the merits of this insurance model for some fleets. “In the trucking sector, […]
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August 19, 2025
Nirvana Secures $80 Million in Series C Funding Nirvana, an AI-centric trucking insurance startup, has raised $80 million in a Series C funding round led by General Catalyst, with contributions from Lightspeed Venture Partners and Valor Equity Partners. This latest round of investment has doubled Nirvana’s valuation to $830 million, showcasing robust investor faith in […]
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August 18, 2025
Trucking news and updates for Thursday, January 11, 2024: New Bill Seeks to Raise Trucking Insurance Minimums A bill has been reintroduced in Congress aimed at increasing the minimum liability insurance for interstate motor carriers from $750,000 to $5 million. This proposal, titled the “Fair Compensation for Truck Crash Victims Act,” was brought forth by […]
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August 18, 2025
The trucking industry is rapidly transforming due to technological advancements, regulatory shifts, and increasing safety concerns. For fleet owners, this evolution means navigating a more intricate insurance environment to ensure adequate protection for their businesses. By 2025, several key trends will reshape commercial truck insurance, creating opportunities to optimize costs, improve safety, and adapt to […]
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August 17, 2025
Arlington, Va. – Sentry Insurance Renews Partnership with ATA The American Trucking Associations (ATA) has announced the renewal of Sentry Insurance’s auto liability, auto physical damage, motor truck cargo insurance, along with specific claims and safety services, as Featured Products for the fifth consecutive year. Supporting the Trucking Industry ATA President and CEO Chris Spear […]
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August 17, 2025
The Role of the User in Telematics It is often said that the effectiveness of a tool depends on its user. For over 50 years, telematics has emerged as a vital resource for both personal and commercial auto insurance industries. Nevertheless, its application in the commercial sector is still not fully optimized. Challenges in Commercial […]
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July 29, 2025
John M. Glover Insurance Agency Launches Trucker Insurance Norwalk, Connecticut – July 28, 2025 – John M. Glover Insurance Agency, a reputable name in business insurance for over a century, has introduced a new service tailored for the trucking industry: Trucker Insurance. Available on the agency’s website, this coverage aims to address the intricate and […]
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July 28, 2025
Recent actions have been reported regarding three trucking-related offenses, including a CDL testing fraud scheme, a household goods moving fraud operation, and an insurance fraud incident. These actions were revealed by the Department of Transportation’s Office of Inspector General and Florida’s Chief Financial Officer. New York Trucker Sentenced for CDL Testing Fraud Aziz Akhrorov, a […]
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July 28, 2025
Certainly! Here’s a paraphrased version of the article in HTML format, while retaining the core information: Delivered at Place (DAP) – Incoterms® 2020 Rules [UPDATED 2025] The Delivered at Place (DAP) rule under Incoterms 2020 applies to any shipping method, where the seller is responsible for delivering goods to a designated location. This is considered […]
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