Digital Trucking MGA Koffie Raises $11M, Eyes Expansion to 10 States July 20, 2022 A Brooklyn, New York-based managing general agency for the trucking and transportation sector has closed an $11 million Series A...
Transportation Insurer Lancer to Merge Into Core Specialty April 19, 2021 Commercial auto insurer Lancer Insurance Co. has agreed to merge with another specialty insurer, Core Specialty, where it will operate...
Progressive to Buy Transportation Insurer Protective for $338 Million February 16, 2021 By Andrew G. Simpson The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake...
COVID Vaccine Rollout Spurs Demand for Extra Insurance Coverage December 18, 2020 LONDON – Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a...
Is the Aviation Insurance Market Ready for a COVID-19 Vaccine? November 17, 2020 By James Jordan and Paul Woodley As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need...
New Ventures, Driver Shortage Among Challenges in Trucking Insurance Market February 15, 2019 By Andrea Wells The transportation industry is considered a barometer of the U.S. economy. If freight is trending up, so too is the...
Public Transit Systems See Rise in Liability Losses December 7, 2018 Nationally, public transit systems are seeing a steady increase in liability claim severity, even as ridership declines, according to a...
Is Hyperloop Transportation Technology Feasible or Insurable? October 18, 2017 Hyperloop Transportation Technologies wants to build a tube-based inter and intra-city transportation system to transport passengers and cargo at high...
Transportation Insurer National Interstate Promotes Skuggen, Adds AIG’s Blankenship December 13, 2016 National Interstate Insurance Co. announced the promotion of George Skuggen to senior vice president and the hiring of Steve Blankenship...
How Kilkenny and Kimmel Have Grown K2 Insurance Services September 1, 2016 By Mark Wells Pat Kilkenny and Bob Kimmel put the K’s in K2 Insurance Services five years ago. That’s when they began using...