trucking insurance News

XPT Group, Watford Insurance Launch Trucking Program for Underserved Risks

W.E. Love & Associates, LLC, a subsidiary of XPT Group LLC, has launched a new Platinum Trucking program with Watford Insurance Co. to offer coverages for high-quality, experienced trucking firms that just miss being considered “prime” risks. According to John …

New Ventures, Driver Shortage Among Challenges in Trucking Insurance Market

The transportation industry is considered a barometer of the U.S. economy. If freight is trending up, so too is the U.S. economy. But capacity constraints for trucking – including a shortage of qualified drivers, low truck supply and the rising …

Seeman Holtz Acquires Agency Acquisitions LLC in Texas

Seeman Holtz Property & Casualty Inc. has acquired Agency Acquisitions LLC, headquartered in Arlington, Texas. Agency Acquisitions specializes in trucking insurance. Seeman Holtz said the acquisition will add a niche service to its portfolio and broaden its client reach throughout …

Transportation Insurer National Interstate Promotes Skuggen, Adds AIG’s Blankenship

National Interstate Insurance Co. announced the promotion of George Skuggen to senior vice president and the hiring of Steve Blankenship as vice president, Passenger Transportation. In his new role, Skuggen will oversee National Interstate’s Truck and Environmental, National Accounts and …

RLI’s Dunn Named Carolina Casualty CEO

W. R. Berkley Corp. has appointed David A. Dunn as president and chief executive officer of its trucking insurance specialist, Carolina Casualty. Dunn has 40 years of experience in the property/casualty insurance industry, principally in the specialty transportation segment. Most …

TUMI Launches Local & Intermediate Trucking Program

Trinity Underwriting Managers, Inc. (TUMI), a Georgia based program administrator, has established a local and intermediate trucking program. This product is underwritten on behalf of an ‘A’ rated carrier and is backed by two ‘A+’ rated reinsurers. Target risks will …

American Financial Offers to Buy Rest of Insurer National Interstate for $293M

About two years after withdrawing a similar offer, American Financial Group Inc. is proposing to acquire all of the outstanding common shares of specialty transportation insurer National Interstate Corp. that its subsidiary, Great American Insurance Co., does not already own. …

First Guard Insurance Names Wilson President

First Guard Insurance Co., a Venice, Fla.-based direct writer of physical damage and non-trucking liability insurance for leased owner operators, announced that Courtney M. Wilson has been named president. Wilson succeeds Donna Fortuna who was elected president in 2007. Fortuna …