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Everything listed under: Insurance

  • Trucking insurance: It’s a new ballgame

    With trucking insurance firms hiking premiums 10% to 30% in the wake of big claims, and with major companies such as Zurich Insurance Group AG and American International Group Inc. exiting the for-hire insurance market, it’s suddenly much tougher – and much more expensive – for truckers to obtain adequate coverage.This follows a two-year effort by the Federal Motor Carrier Safety Administration (FMCSA) to raise minimum insurance coverage amounts to $750,000, with new food trans...  Read More...