trucking News

Hub International Acquires San Antonio-Based Alexander Insurance Agency

Chicago-based Hub International Limited (Hub), has acquired Alexander Insurance Agency (Alexander), headquartered in San Antonio, Texas. Alexander is an independent brokerage with a focus on commercial lines insurance for the commercial towing and transportation industries. Terms of the acquisition were not disclosed. Alexander …

BHSI Lowers Casualty Minimum Premiums, Adds Deductible Options

Berkshire Hathaway Specialty Insurance (BHSI) is broadening its casualty appetite in the U.S., lowering its minimum policy premium for eligible products liability, general casualty, energy and trucking risks, while introducing deductible options for primary general liability and product liability policies. …

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 …

Sentry Insurance to Provide DriveCam Program to Transportation Clients

Lytx, Inc. (formerly DriveCam, Inc.), a global driver safety and compliance product company, has signed an agreement with Wisconsin-based Sentry Insurance to provide Sentry’s transportation clients with the DriveCam powered by Lytx driver safety management product. Sentry will share a …

Bonura Joins Leavitt Central Coast in California

Leavitt Central Coast Insurance Services has hired Joe Bonura in its Central California operation. Bonura specializes in commercial insurance for trucking and agriculture. Prior to the Leavitt Group, Bonura sold individual health plans. He also worked as a media consultant selling …

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 …

XL Group Launches New Motor Cargo Truck Coverage

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 …

10 Things to Know About the Trucking Industry

1. Intermodal is the transfer of products using multiple forms of transportation — trucks, railroads or ocean carriers. In 2012, intermodal container volumes rose by 5.9 percent over the previous year with 13.1 million moves, according to the Intermodal Association …

New Mexico Jury Awards $58.5 Million In Tanker Accident

Jurors who wanted to send a message to the trucking industry awarded $58.5 million to the estate and family of a Carlsbad, N.M. man fatally injured in a 2010 accident when his vehicle collided with an oil industry tanker. The …

ACE Accident & Health Introduces Accident Policy for Motor Carriers

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 …