How truck safety systems impact your insurance costs
I’ll be honest: it’s not easy to get fleets to talk about their insurance costs, but who could blame them? Safety is paramount, but accidents happen and they’ve given rise to the so-(frighteningly)-called nuclear verdicts against commercial fleets. In fleets’ corner are the growing number of advanced driver assistance systems (ADAS) and in-cab camera technology
Hub International launches excess liability, umbrella insurance to protect from nuclear verdicts
Hub International Limited (HUB) has launched its HUB Drive Excess Liability Shield, an exclusive, affordable excess liability/umbrella insurance solution designed for transportation clients–from general freight, moving and storage, and last mile to auto/truck dealers, public auto and rail–to broaden coverage and protect them from potential major losses from nuclear verdicts. HUB Drive Excess Liability Shield
Volvo, Mack announce integrated insurance in some U.S. markets
Volvo Financial Services (VFS) and Mack Financial Services (MFS) is working with insurtech company Rein to pilot an integrated digital insurance offering. The service’s enhanced capabilities will soon allow Volvo Trucks North America and Mack Tucks customers to connect in real-time with insurance companies. “Through this offering, Volvo Trucks customers can easily access different coverage
Samsara, Nationwide partner to offer video telematics to commercial trucking fleets
Nationwide has partnered with Samsara to offer a new video telematics solution to excess and surplus (E&S) customers with 11 or more commercial trucks. The new partnership will allow eligible Nationwide E&S insureds to leverage Samsara’s artificial intelligence-based video telematics solutions and fleet management software in their operations at a subsidized cost. According to Samsara,
CarrierHQ Portal launches action-based small fleet insurance through Aon
CarrierHQ and Aon plc have launched Aon’s action-based monthly motor carrier insurance program, available through CarrierHQ’s online small fleet portal.
CalAmp enhances CrashBoxx vehicle risk management system
CalAmp has announced the availability of new capabilities for its CrashBoxx vehicle risk management system. CalAmp says that these new enhancements will help fleet managers address unreported crashes, provide timely assistance to drivers involved in a crash and evolve policies to protect the well-being of drivers and minimize company liability. The two new CrashBoxx service options,
