The commercial auto insurance market has faced hardening conditions for much of the past decade, as evidenced by plummeting profitability and continued rate hikes. Although 2022 saw lower average premium increases due to strengthening reserves and 2021’s combined ratio falling below 100 for the first time in years, this deceleration wasn’t here to stay. After…
The Federal Motor Carrier Safety Administration (FMCSA) roadside inspections are examinations of commercial motor vehicles (CMVs) and/or drivers conducted by Motor Carrier Safety Assistance Program (MCSAP) inspectors. MCSAP inspectors conduct roadside inspections on CMVs and drivers to check that they are in compliance with federal safety and hazardous materials regulations. If an inspection results in…
The commercial auto insurance market has faced substantial underwriting losses and diminished profitability for more than a decade. While the segment continues to face difficult market conditions, rate increases largely remained in the single digits in 2022, demonstrating signs of stagnation compared to double-digital rate jumps that took place in prior years. Nevertheless, several cost-driving…
Although there is still a great degree of uncertainty about what 2023 will bring in trucking business conditions, analysts at FTR believe a major recession is unlikely. FTR’s “State of Freight” webinar on Jan. 12 explored the economic indicators that most affect the freight market as well as trucking-specific numbers and offered FTR’s outlook for the year.…
The commercial equipment you purchased five years ago could fetch a higher value today than when you bought it new. Meanwhile, orders for new equipment are taking up to 18 months to fill—with no promises. As for repairs, parts delays are creating a significant backlog in shops, prompting carriers to sideline rigs. The transportation industry…
Operation Safe Driver Week is an annual safe-driving awareness and outreach initiative created by the Commercial Vehicle Safety Alliance. The week-long program is aimed at detecting and preventing unsafe behaviors on the road from passenger vehicle drivers and commercial motor vehicle drivers. This year’s focus will be on speeding. The CVSA’s reasoning for selecting this…
Recent guidance released by the Commercial Vehicle Safety Alliance (CVSA) clarifies the electronic documents that can be presented during roadside inspections. In many cases, electronic documents required by Federal Motor Carrier Safety Regulations (FMCSRs) are acceptable during roadside inspections and compliance reviews. However, there are some exceptions to this rule, and various documents must be…
Operation Safe Driver Week—an annual campaign conducted by the Commercial Vehicle Safety Alliance (CVSA)— took place from July 11-17, 2021. This year’s focus was on speeding. During the week-long initiative, law enforcement officers across North America stopped 46,058 passenger vehicles and commercial motor vehicle (CMV) drivers engaging in dangerous driving behaviors. The Purpose of Operation…
Let’s Talk Telematics – Tools To Help Reduce Liability Costs And Minimize Claims Jared Collier is a Deeley client, Vice President of AIM Transport, and winner of several carrier safety awards. Here, he shares three telematics technologies to maximize your premium savings and make your operations safer. Technology tools can give trucking companies a fast-pass…
Operation Safe Driver Week—an annual campaign conducted by the Commercial Vehicle Safety Alliance (CVSA)—takes place from July 11-17. This year’s focus will be on speeding. The Purpose of Operation Safe Driver Week Operation Safe Driver Week is an annual, seven-day initiative created by the CVSA to help detect and prevent unsafe behaviors on the road…
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You are about the leave our site and submit the information to pay your bill. A licensed agent from our team will need to process your payment to make it official – we cannot bind coverage via web request. Let us get to work for you. Want to talk? Call us. 410-213-5600
Client Support Team
SCD Intermediaries
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