Trucking accidents and insurance - longer term implications of the current credit crisis
… required by law, more small trucking companies failing, more consolidation in the trucking industry, and more insurance companies blaming trial lawyers and claimants for premium increases that really result from their investment losses. As … be an increase in the required minimum amounts of coverage to keep up with inflation and a tightening of criteria for self-insurance in the trucking industry. Consolidation of inter-modal freight companies, combining rail and truck transport of containerized …
Tags: companies, credit crisis, insurance, insurance companies, Premium, premium increases
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