July 8, 2025
CARTER LAKE, Iowa, October 14, 2024–(BUSINESS WIRE)–Ten Four Truck Insurance has announced the elevation of Chris Johnstone to the role of Director of Partnerships. With a solid foundation in business development and strategic collaborations, Johnstone is set to play a key role in broadening Ten Four’s partner network and enhancing cooperative efforts to provide increased […]
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July 8, 2025
Insights on Driver Training and Insurance Risk Nick Saeger, assistant VP of pricing and product in Sentry Insurance Co.’s transportation division, directly addressed the significance of driver training. He remarked that insurance companies often find themselves dealing with legal issues related to accidents. “We don’t expect fleets to be flawless, but having driver training protocols […]
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July 7, 2025
October 27, 2023 In September of last year, we shared insights on how shifts in mobility could impact automotive insurance over the coming ten years. Since then, notable advancements have underscored the ongoing development within the wider mobility ecosystem, which now includes autonomous vehicles (AVs) and electric vehicles (EVs): In August, the California Public Utilities […]
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July 6, 2025
Following a dump truck accident, victims often face intricate legal challenges and considerable financial implications. Gaining insight into the usual settlement ranges helps victims anticipate possible compensation and effectively strategize with their legal representatives. Statistics on Large Truck Accidents Statistic Value Description Total Large Truck Accidents (2021) 523,796 Reported large truck accidents in the U.S. […]
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July 6, 2025
Strategic Partnership Announcement Cover Whale Insurance Solutions, Inc., a prominent provider of commercial trucking insurance and a rapidly advancing insurtech company, has revealed its strategic alliance with Aon’s CoverWallet, a top digital insurance platform tailored for small business owners. Innovative Collaboration This collaboration merges the strengths of two leading insurtech firms, leveraging Cover Whale’s extensive […]
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July 5, 2025
Hank Faber skillfully maneuvers his 2009 Volvo, embodying the ease of a veteran trucker who has spent more time driving than at home. He adjusts his seat, checks the mirrors, and starts the engine. For Faber, this truck is more than just a means of transportation; it’s essential for covering his bills. Faber and his […]
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July 4, 2025
Freight factoring companies, also known as trucking factoring firms, provide cash to trucking businesses in exchange for their unpaid invoices. These companies can be valuable for trucking operations needing quick working capital or lacking personnel to handle invoicing and collections. However, it’s essential to be aware of potential hidden costs and unclear contracts. Below are […]
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July 4, 2025
Images by Getty Images; Illustration by Austin Courregé/Bankrate Is It More Affordable to Insure a Truck or a Car? Generally, the cost to insure trucks is similar to that of cars. According to Bankrate’s analysis, the average annual premium for full coverage on pickup trucks is around $2,424, while mass-market cars and hatchbacks average $2,535 […]
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July 3, 2025
In 2023, the trucking industry faced rising costs, notably due to increasing insurance premiums, even as accident rates fell. According to the American Transportation Research Institute (ATRI) in its 2023 cost of trucking report released on June 18, truck insurance premiums increased by 12.5% year-over-year, reaching $0.099 per mile—following three years of stable rates during […]
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July 3, 2025
Fluid Truck Files for Bankruptcy and Makes Major Cuts In the wake of its board replacing sibling co-founders from their top positions, Fluid Truck has laid off 30% of its workforce, filed for Chapter 11 bankruptcy, and identified a prospective buyer, pending court approval, as indicated by bankruptcy records and insights from a former employee. […]
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