cargo theft News

World’s Hot Spots for Cargo Theft

Cargo theft rates in Europe increased 24 percent on average last year from 2011, and were on the rise in Asia as well, while rates in North, Central and South Americas remained consistent with prior years. The greatest risk of …

Transportation Intermediaries Association to offer CargoNet Services

Verisk Crime Analytics has formed an agreement between its CargoNet division and the Transportation Intermediaries Association (TIA) to help TIA members reduce cargo theft risk. Verisk Crime Analytics is a unit of Verisk Analytics. CargoNet will assist TIA in collecting …

Integro to Provide CargoNet Membership to Transportation Clients

Verisk Crime Analytics has formed a strategic alliance between its CargoNet division and insurance brokerage and risk management firm Integro Insurance Brokers to support the cargo theft prevention efforts of Integro’s domestic Property Broker and Forwarder clients. Verisk Crime Analytics …

Rebounding Economy Spurs Growth in Cargo, Supply Chain Risks

A slow trend toward economic recovery in the U.S. may mean good news/bad news for insurance agents and brokers who handle commercial accounts with cargo and supply chain vulnerabilities. The good news is growth in sales and manufacturing will generate …

CNA Canada to Use CargoNet, NER to Combat Cargo Theft

CNA, a global business insurer, is now using CargoNet and the National Equipment Register (NER) — two national information sharing systems designed to help policyholders combat the growing problems of cargo and heavy equipment theft. CargoNet and NER are divisions …

Verisk Crime Analytics Launches Cargo Theft Prevention Systems in Canada

Verisk Crime Analytics has launched national information sharing systems designed to help Canadian insurers and their policyholders combat the growing problems of cargo and heavy equipment theft. Verisk Crime Analytics is a unit of Verisk Analytics, a source of information …

Chubb Adds Covert Shipment Tracking to Suite of Security Services

The Chubb Group of Insurance Companies and FreightWatch International are teaming up against record-high levels of cargo theft. FreightWatch, which reported an 8.3 percent increase in the number of cargo thefts last year, will offer Chubb transportation insurance customers a …

Markel Joins Cargo Theft and Recovery Service

Markel is now a member of CargoNet in an effort to assist policyholders in cargo theft prevention, response, and recovery. CargoNet, which provides information about supply chain risk, is a division of the Verisk Crime Analytics unit at Verisk Analytics. …

RLI Marine to Pay Activation Fee on Equipment Anti-Theft Tracking Device

RLI Corp. has announced that it will pay the theft activation fee for all of its RLI Marine policy holders who purchase and install an IRONwatch equipment tracking device serviced by the National Equipment Register (NER). This offer will help …

Cargo Theft Reporting Improves, Says Insurers’ CargoNet

Reporting of cargo theft in the United states has improved thanks to data sharing by insurers, the transportation industry and law enforcement, according to an insurance industry tracking service. CargoNet, which was formed by Verisk Analytics and the National Insurance …