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Cargo Loss
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Cargo loss carries reputational risks David Lee
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March 2019
In my decades of managing and insuring transportation risks, I have seen all kinds of claims. One of the worst losses for motor carriers, however, is uninsured or underinsured cargo. The reason can be explained through what I call the three “R’s”...
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Tariffs
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Tariffs, trade rules raise cargo risks Julie Vogele
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March 2019
What happens on land sometimes has a big impact on ocean-going cargo. Tariffs, changes in trade sanctions and government regulations often have long-term effects on trade.
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Auto Transporters
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Auto transporters face a road full of risks David Lee
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March 2019
Whenever I see a truck hauling automobiles, I invariably have two thoughts: one, what kinds of vehicles is the transporter carrying, and two, does the motor carrier know how risky the auto hauling business can be?
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Food safety
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Food safety law’s new rules raise bar for motor carriers David Lee
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March 2019
In the United States, many consumers don’t realize how important the trucking industry is to their ability to shop for groceries, eat in restaurants and stock their refrigerators with fresh food.
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safety
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Safety compliance pays off for motor carriers David Lee
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March 2019
Maneuvering heavy trucks in urban areas and on highways is a risky business. Even though vehicles have more safety equipment than ever, and motor carriers must satisfy a broad set of safety regulations, there’s more to managing the risks and exposures in trucking than just complying with the law.
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5 things agents know
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5 things agents should know about insuring cargo Julie Vogele
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March 2019
Cargo insurance, to many people who don’t deal with it every day, can be hard to understand and may seem like it’s written in another language (which makes sense, considering the first written evidence of this type of coverage dates back to the 1300s). Here are five things that insurance agents and brokers should keep in mind about insuring cargo:
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Shippers
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Why shippers need ocean cargo insurance Julie Vogele
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March 2019
As an insurance executive with many years’ experience in ocean marine insurance, I have seen all sorts of things happen to goods in transit. Before I talk about what those things are, let’s consider the fundamental question for anyone who buys or sells goods transported in international trade: Why do I need ocean cargo insurance?
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boat
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Don’t miss the boat on ocean cargo risks Julie Vogele
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March 2019
For a lot of insurance agents, ocean cargo insurance isn’t something they do every day, and when it comes time to review exposures, cargo risks are often overlooked. Here are a few key indicators that should prompt agents to discuss cargo insurance with their customers:
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cargo towing
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Cargo towing can cost you David Lee
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March 2019
No transportation companies want to have an accident or breakdown that requires a tow, but motor carriers might be shocked to learn just how expensive cargo towing can be.
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digitize trucking
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Digitization driving truckers toward new risks David Lee
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March 2019
Trucking has always been a tough job, and a digital transformation in transportation not only will make that job more complex but it also will introduce new risks and exposures that motor carriers can’t afford to ignore. From the trends we’re seeing now, and based on my many years of experience in managing transportation risk, here are a few predictions:
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