Collision Mitigation Systems, Telematics and Cameras Can Help Fleets Reduce or Possibly Eliminate Costly Losses, Experts Say
As the trucking industry grapples with a litigious environment and many motor carriers struggle to manage ever-rising insurance premiums, safety technologies have captured the attention of the insurance industry. Collision mitigation systems, telematics and onboard cameras can help fleets reduce or possibly eliminate costly and catastrophic losses, industry representatives said.
I was reading the most recent edition of the ATRInsider, a newsletter published by the American Transportation Research Institute. One of the articles talked about the six priority research topics for 2019 as determined by ATRI’s Research Advisory Committee.
These priorities include standardizing truck parking information systems, re-thinking mileage-based safety metrics, analyzing younger driver safety in intrastate driving, revising the ROI of truck safety technologies, impact of ‘nuclear’ verdicts on trucking and a comparative analysis of toll revenue reinvestment.read more
As scammers aim to manipulate people into handing over sensitive data, phishing attacks are expanding into new channels and growing even more sophisticated. Smishing and vishing are types of phishing attacks that try to lure victims via SMS message and voice calls. Both rely on the same emotional appeals employed in traditional phishing scams and are designed to drive you into urgent action. The difference is the delivery method.read more
Changing fleet culture to prioritize safety along with adding advanced technologies to commercial vehicles can have the biggest effect on turning a “high risk” fleet into a safe fleet, according to a recent study.
One single fix can improve safety performances of a fleet. But making comprehensive adjustments can take a fleet from “high risk” to safe, according to a recent study by the National Surface Transportation Safety Center for Excellence(NSTSCE), that shows changes throughout a company can reduce crashes and strengthen safety.
Two trucking-focused bills were introduced in the House this week. One aims to boost the required liability insurance coverage required of trucking companies, and the other would mandate that new trucks come equipped with automatic emergency braking systems.read more
OLDWICK, N.J.–(BUSINESS WIRE)– U.S. captive insurance companies rated by AM Best continued their run of strong financial results in 2018, as well as their outperformance of the segment’s counterparts in the commercial casualty sector, according to an AM Best special report.read more
The rise of new business processes and the changing government rules and regulations around the globe are posing challenges for small and big companies alike, according to Infiniti Research.read more
Rated U.S. captive insurers continue to outperform the broader commercial insurance market, and as several business lines see hardening rates, company boards are undoubtedly looking at captives as part of their risk management strategy, ratings agency A.M. Best Co. Inc. said in a report issued Monday.read more
Risk managers are shifting more of their property exposures to captive insurers amid rising costs and tightening terms and conditions in the U.S. commercial property insurance market, particularly after the higher catastrophe activity of the past two years.read more
The average industrial workplace comes with several hazards and risks that have the potential to pose a serious threat to workers’ safety. According to the Bureau of Labor Statistics’ Census of Fatal Occupational Injuries (CFOI), the vast majority of deaths and injuries that occur in the workplace are preventable.read more