Insurance Journal » Transportation, Cargo, Marine (Inland and Ocean) http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Sat, 25 May 2013 03:50:31 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 XL Group Launches New Motor Cargo Truck Coverage http://www.insurancejournal.com/news/national/2013/05/21/292802.htm Tue, 21 May 2013 16:19:45 +0000 http://www.insurancejournal.com/?p=292802 XL Group has added to its inland marine business with customizable coverage for mid-to-large size trucking operations in North America. Motor truck cargo coverage solutions includes flexible limits on 23 additional coverages, 22 optional endorsements, multiple reporting options and payment …

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]]> Report: Ship Crew Ignored Warnings Before Hitting Kentucky Bridge http://www.insurancejournal.com/news/southeast/2013/05/16/292189.htm Thu, 16 May 2013 13:48:25 +0000 http://www.insurancejournal.com/?p=292189 The pilot and crew members aboard a cargo ship had reservations about the boat’s course shortly before it struck a bridge over the Tennessee River, but no one stepped up to check written or electronic charts against what they were …

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]]> Trinity Underwriting Managers Launches New Inland Marine Program http://www.insurancejournal.com/news/national/2013/05/09/291354.htm Thu, 09 May 2013 10:00:47 +0000 http://www.insurancejournal.com/?p=291354 Georgia-based program administrator Trinity Underwriting Managers, Inc. (TUMI) has expanded its commercial auto underwriting capabilities. TUMI recently established a relationship with an “A+” rated carrier in which it underwrites a wide array of inland marine coverages including, but not limited …

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]]> INTTRA to Offer Cargo Insurance Through Ocean Shipping E-Commerce Network http://www.insurancejournal.com/news/international/2013/04/29/290134.htm Mon, 29 Apr 2013 16:36:14 +0000 http://www.insurancejournal.com/?p=290134 INTTRA, a global multi-carrier shipping network for ocean freight, has launched a new member service that enables shippers to purchase cargo insurance from marine insurance specialist, FP Marine Risks, via INTTRA’s e-commerce platform. INTTRA members can elect to purchase cargo …

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]]> J.M. Wilson Adds Assistant Transportation Underwriter in Illinois http://www.insurancejournal.com/news/midwest/2013/04/29/290081.htm Mon, 29 Apr 2013 15:55:51 +0000 http://www.insurancejournal.com/?p=290081 Managing general agency, J.M. Wilson, has added Cherlyn Mims to its transportation team as assistant transportation underwriter in the company’s Arlington Heights, Ill., office. Mims provides assistance to the transportation staff and office manager. She is responsible for underwriting new …

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]]> Crum & Forster to Offer DriveCam Services to Policyholders http://www.insurancejournal.com/news/national/2013/04/23/289496.htm Tue, 23 Apr 2013 16:56:19 +0000 http://www.insurancejournal.com/?p=289496 Crum & Forster (C&F) will now offer DriveCam’s managed services to its policyholders as part of C&F’s loss control/safety management services. DriveCam addresses safety by combining data and video analytics with real-time driver feedback and coaching, resulting in reductions in …

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]]> Aspen US Forms New Marine, Energy, Construction Unit http://www.insurancejournal.com/news/national/2013/04/10/287884.htm Wed, 10 Apr 2013 15:31:38 +0000 http://www.insurancejournal.com/?p=287884 Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., has formed a specialty marine, energy and construction unit within its US Insurance business, led by Anthony S. Carroll who has been named executive vice president. The unit complements Aspen …

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]]> KF&B Launches New Bus Program http://www.insurancejournal.com/news/national/2013/04/05/287348.htm Fri, 05 Apr 2013 10:00:16 +0000 http://www.insurancejournal.com/?p=287348 Wholesaler KF&B, Inc. has launched a new auto liability program for buses with up to $5 million in liability limits. The program is available in all 50 states through admitted carrier ProSight Specialty Insurance. It is designed for charter, sightseeing, …

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]]> Transportation Intermediaries Association to offer CargoNet Services http://www.insurancejournal.com/news/national/2013/03/26/286133.htm Tue, 26 Mar 2013 16:49:08 +0000 http://www.insurancejournal.com/?p=286133 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 …

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]]> Arkansas River Barge Operators Fear Impact of Cuts on Business http://www.insurancejournal.com/news/southcentral/2013/03/19/285145.htm Tue, 19 Mar 2013 16:36:43 +0000 http://www.insurancejournal.com/?p=285145 Businesses that rely on barge traffic on the 440-mile McClellan-Kerr Arkansas River Navigation System to move fertilizer, grain and other commodities are raising concerns about looming federal budget cuts’ effects on shipping. The U.S. Army Corps of Engineers operates locks …

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]]> AIG Expands NextGen Product to Transportation, Logistics Industry http://www.insurancejournal.com/news/national/2013/02/28/283154.htm Thu, 28 Feb 2013 17:55:23 +0000 http://www.insurancejournal.com/?p=283154 The American International Group (AIG) insurers have expanded their NextGen Protection suite of products with the release of PLL Transportation and Logistics Protect. PLL Transportation and Logistics Protect is specifically designed for clients who transport, or arrange transport for, both …

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]]> Mississippi Rock Blasting Puts River in Ship Shape http://www.insurancejournal.com/news/midwest/2013/01/14/277270.htm Mon, 14 Jan 2013 06:01:36 +0000 http://www.insurancejournal.com/?p=277270 Crews have completed the most critical phase of removing bedrock that threatened barges along a crucial stretch of the drought-starved Mississippi River, staving off the shipping industry’s fears that the treacherous channel could close to traffic, the U.S. Army Corps …

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]]> Integro to Provide CargoNet Membership to Transportation Clients http://www.insurancejournal.com/news/national/2013/01/09/276794.htm Wed, 09 Jan 2013 17:17:36 +0000 http://www.insurancejournal.com/?p=276794 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 …

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]]> National Interstate Launches New Waste Operations Program http://www.insurancejournal.com/news/national/2013/01/04/276044.htm Fri, 04 Jan 2013 16:09:37 +0000 http://www.insurancejournal.com/?p=276044 National Interstate Insurance Co., a provider of transportation insurance, is launching a new insurance program targeted for waste operations. The company is now accepting applications for accounts with effective dates of February 1, 2013 and beyond, marketing the program through …

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]]> National Interstate Launches New Fuel Distribution Insurance Program http://www.insurancejournal.com/news/midwest/2013/01/03/275807.htm Thu, 03 Jan 2013 06:30:33 +0000 http://www.insurancejournal.com/?p=275807 National Interstate Insurance Co., a Richfield, Ohio-based provider of transportation insurance, announced that effective Jan. 1, 2013, it will complement its long-standing captive fuel distribution business by offering a new traditional insurance program. The new fuel distribution program will focus …

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]]> Commercial Lines Rates Up 5% in November: MarketScout http://www.insurancejournal.com/news/national/2012/12/06/273005.htm Thu, 06 Dec 2012 16:52:48 +0000 http://www.insurancejournal.com/?p=273005 The overall composite rate for insuring commercial accounts in the United States ticked up 5 percent in November 2012 compared to the same month in 2011. According to MarketScout’s Commercial Lines Market Barometer, by coverage classification, property, excess liability, general …

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]]> Indiana Truck Driver Logs 3 Million Miles of Safety http://www.insurancejournal.com/news/midwest/2012/11/29/272208.htm Thu, 29 Nov 2012 17:41:51 +0000 http://www.insurancejournal.com/?p=272208 The distance around the Earth at the equator is 24,901 miles. By Kokomo, Ind.-based truck driver Richard Batt’s estimate, he could have driven around the planet nearly 24,100 times. And he would have done it all in a semi without …

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]]> NTSB: Pilot Caused Houston Ship Channel Collision http://www.insurancejournal.com/news/southcentral/2012/09/27/264656.htm Thu, 27 Sep 2012 16:39:33 +0000 http://www.insurancejournal.com/?p=264656 Federal investigators have concluded that pilot error caused the collision of a chemical tanker with a containership in the Houston Ship Channel in October 2011. The National Transportation Safety Board said in a statement released Sept. 25 that the collision …

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]]> Common Type of Rail Car Has Dangerous Design Flaw http://www.insurancejournal.com/news/national/2012/09/13/262970.htm Thu, 13 Sep 2012 16:14:53 +0000 http://www.insurancejournal.com/?p=262970 For two decades, one of the most commonly used type of rail tanker has been allowed to haul hazardous liquids from coast to coast even though transportation officials were aware of a dangerous design flaw that almost guarantees the car …

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]]> Jones Joins Alliant Insurance Services in Houston http://www.insurancejournal.com/news/southcentral/2012/08/20/260046.htm Mon, 20 Aug 2012 16:26:30 +0000 http://www.insurancejournal.com/?p=260046 Newport Beach, Calif.-based specialty insurance brokerage firm, Alliant Insurance Services, announced that Jerry D. Jones has joined the company’s Energy and Marine Group in Houston as senior vice president. With 16 years of brokerage and risk management experience, Jones comes …

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]]> Vanliner Expands Captive Program to North American Moving Agents http://www.insurancejournal.com/news/national/2012/08/16/259599.htm Thu, 16 Aug 2012 10:00:16 +0000 http://www.insurancejournal.com/?p=259599 Vanliner Insurance Co., an insurer in the moving and storage industry, has expanded the Forum Captive Insurance Program to moving agents affiliated with North American Van Lines, a moving and storage company with more than 500 agent locations. Originally launched …

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]]> ACE Accident & Health Introduces Accident Policy for Motor Carriers http://www.insurancejournal.com/news/national/2012/08/07/258556.htm Tue, 07 Aug 2012 16:43:48 +0000 http://www.insurancejournal.com/?p=258556 ACE USA, the U.S.-based retail operating division of the ACE Group, has launched a new occupational accident policy with optional contingent liability coverage. Designed for motor carriers, the policy provides occupational accident coverage to drivers under contract with the motor …

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]]> National Interstate Expands Tow Truck Insurance Into Additional States http://www.insurancejournal.com/news/national/2012/08/07/258535.htm Tue, 07 Aug 2012 16:36:02 +0000 http://www.insurancejournal.com/?p=258535 National Interstate Insurance Co., a provider of transportation insurance since 1989, is expanding its tow truck insurance product into the Midwest, North Central and Pacific Northwestern states. The product is offered exclusively through a network of appointed agents/brokers and general …

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]]> NTSB Says Trains not Speeding Before Oklahoma Wreck http://www.insurancejournal.com/news/southcentral/2012/07/11/255012.htm Wed, 11 Jul 2012 05:38:57 +0000 http://www.insurancejournal.com/?p=255012 The National Transportation Safety Board says trains that collided head-on last month in the Oklahoma Panhandle weren’t speeding at the time of the wreck. Three Union Pacific employees died in the June 24 accident near Goodwell. Another worker jumped to …

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]]> NTSB: Why Didn’t Train Wait Before Oklahoma Crash? http://www.insurancejournal.com/news/southcentral/2012/06/27/253157.htm Wed, 27 Jun 2012 16:29:02 +0000 http://www.insurancejournal.com/?p=253157 Federal investigators want to know why a freight train streaking across the Oklahoma Panhandle failed to pull into a side track and instead charged down the main line and collided head-on with another train approaching from the opposite direction. Three …

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]]> National Interstate Broadens Trucking Insurance Programs http://www.insurancejournal.com/news/midwest/2012/06/26/253017.htm Tue, 26 Jun 2012 16:56:48 +0000 http://www.insurancejournal.com/?p=253017 Richfield, Ohio-based National Interstate Insurance Co. announced it is expanding its trucking insurance program by targeting heavy haul, crane and rigging operations. The program offers coverage for auto liability, physical damage, workers’ compensation and general liability, and is available in …

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]]> Great American Insurance Promotes Bickley to Divisional Vice President http://www.insurancejournal.com/news/midwest/2012/06/21/252289.htm Thu, 21 Jun 2012 05:27:31 +0000 http://www.insurancejournal.com/?p=252289 Cincinnati, Ohio-based Great American Insurance Group has promoted Darrell Bickley to divisional vice president of its Trucking Division. He is based in Cincinnati. Bickley joined the Trucking Division in 2004 and has held various positions of increasing responsibility with the …

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]]> Kansas Researchers: Most Large Truck Crashes Caused by Driver Error http://www.insurancejournal.com/news/midwest/2012/06/21/252385.htm Thu, 21 Jun 2012 05:11:03 +0000 http://www.insurancejournal.com/?p=252385 Two Kansas State University civil engineers working to make Kansas roads and highways safer by reducing the number and severity of vehicular crashes that involve large, cargo-carrying trucks, say the majority of such accidents are driver-related. Sunanda Dissanayake, associate professor …

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]]> J.M. Wilson Adds Underwriters in Kansas City http://www.insurancejournal.com/news/midwest/2012/06/19/252144.htm Tue, 19 Jun 2012 15:05:07 +0000 http://www.insurancejournal.com/?p=252144 Managing general agency J.M. Wilson has added two underwriters to its Kansas City, Mo., team. Eric Shwarz is a new property/casualty underwriter and Kefentse Mandisa is a new transportation underwriter. Shwarz and Mandisa will service accounts for independent agents in …

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]]> Chubb Adds Covert Shipment Tracking to Suite of Security Services http://www.insurancejournal.com/news/national/2012/06/14/251619.htm Thu, 14 Jun 2012 16:00:07 +0000 http://www.insurancejournal.com/?p=251619 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 …

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