Covenant Pays 300% More for Half the Liability Coverage as Nuclear Verdicts Spike
Covenant Logistics CEO says insurance costs tripled while total coverage dropped 50% over four years. A Utah jury awarded $86M against QXO despite finding no…
#Liability Insurance
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Why Your Trucking Insurance Went Up While Crashes Went Down
Insurers lost $4.9 billion on commercial auto in 2024, the 14th straight year of losses. Premiums climbed 38% since 2015 even as crash rates fell 2.6%.
Supreme Court broker liability ruling narrower than industry expected
Analysts say the decision opens state negligence suits but may not trigger the wave of claims many brokers feared.