Commercial Auto News

Texas Insurer Hallmark Financial Exiting Binding Primary Commercial Auto Business

Citing loss development for prior underwriting years, Dallas-based specialty property/casualty insurer Hallmark Financial Services Inc., is exiting its Binding Primary Auto business. The commercial auto product the company is exiting is primary coverage written through brokers, who have binding authority …

RLI to Offer Samsara IoT Loss Control Services to Trucking, Commercial Auto Clients

RLI Transportation, a division of RLI Insurance Company, has partnered with Samsara, an industrial IoT company that provides sensors and software to manage vehicle fleets and industrial operations. The partnership will provide RLI Transportation customers within the large trucking, public …

Driver Dies, Passengers Injured in Ohio Church Bus Crash

A church bus and an SUV crashed on Feb. 2 in Ohio, and the bus driver died, the State Highway Patrol said. The patrol’s Lebanon post reported the crash occurred around 9:30 a.m. on Dixie Highway in Warren County’s Franklin …

Test for Self-Driving Shuttles to Run in Columbus, Ohio, Neighborhood

Self-driving shuttles will do a circuit through a residential neighborhood in Ohio’s capital city as part of a year-long pilot program starting in late January. Three, 12-passenger, disabled-accessible electric shuttles will travel the 2.8-mile (4.5 kilometer) route in the Linden …

Hudson Appoints Homewood, Honken to Manage Commercial Auto

Hudson Insurance Group has made two appointments in its commercial auto business. Chris Homewood has been named senior vice president and head of Hudson’s commercial auto unit, while Ron Honken has been appointed senior vice president, director of marketing and …

Profit Lessons in Commercial Auto, Workers Comp and Other Business

Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers compensation profit measures, according to a new report from Guy Carpenter. “Competition and change are the only certainties” for …

Officials: Nearly Half of all Texas Traffic Deaths Occur in Energy-Producing Areas

Texas continues to lead the nation in oil and gas production, creating jobs and prosperity statewide, but communities in the state’s main energy production areas have also seen a rise in deaths on the road accounting for close to half …

Fairmatic Bets On Driver-Driven Premium Adjustments to Score in Commercial Auto

Managing general agent (MGA) Fairmatic has introduced a usage-based insurance model that features monthly commercial auto premium adjustments based on an insured’s driving behaviors. Fairmatic’s “performance-priced commercial auto insurance” product is currently available to commercial fleets and on-demand delivery and …

Berkshire Hathaway GUARD Expands Commercial Auto into Delaware, Kentucky, D.C.

Berkshire Hathaway GUARD Insurance Companies have expanded its commercial automobile product into Delaware, Kentucky, and the District of Columbia. The company’s policy is designed for local and intermediate travel exposures up to a 200-mile radius. The commercial auto product is …

Semitrailer Explosion on I-94 in Wisconsin Leaves 2 Dead

A semitrailer exploded into flames Wednesday on an interstate in southeast Wisconsin, killing at least two people, setting other vehicles on fire and sending dark plumes of smoke into the sky, authorities said. A WTMJ-TV photographer who witnessed the crash …