motor carrier News

QBE Inland Marine Launches Combined Liability Coverage for Motor Carriers

QBE North America, an operating division of global insurer QBE Insurance Group Limited, has launched a new policy for motor carriers that combines both motor truck cargo and logistics liability insurance in one policy.. The Solution for Motor Truck Cargo …

ACE Introduces Passenger Accident Insurance for Motor Carriers

ACE Group has introduced standalone passenger accident insurance for motor carriers. The coverage provides accidental death and dismemberment and accident medical/dental expense benefit coverage for authorized passengers who are injured while traveling with a driver who is working under the …

Lance Surety Launches New Program to Meet FMCSA Bond Increase Requirement

Lance Surety Bond Associates, Inc. has launched a new program addressing the $75,000 Freight Broker Bond requirement that will take effect later this year. The Moving Ahead for Progress in the 21st Century Act (MAP 21) transportation reauthorization bill was …

Federal Government Lifts Cargo Insurance Requirement for Truckers

The federal government is no longer requiring that about 76,000 of the nation’s for-hire truckers carry cargo liability insurance. Over the objections of shippers and transportation brokers, the Federal Motor Carrier Safety Administration (FMCSA) issued a rule effective March 21 …