2022 Commercial Auto Insurance Market Outlook
Over the past decade, the commercial auto space has been largely unprofitable for insurance carriers. According to a recent report from AM Best, commercial auto underwriters saw more than $22 billion in underwriting losses between 2011 and 2020, despite underwriters increasing premium pricing for 41 consecutive quarters. Various factors have led to this poor underwriting…
Catalytic Converter Thefts On the Rise
The catalytic converter is an essential vehicle component. Cars and trucks emit harmful substances into the air from the exhaust system, including carbon monoxide and hydrocarbons. A catalytic converter changes these pollutants to less-toxic substances like carbon dioxide and water vapor through a chemical process. These emission-control devices are built with various precious metals, including…
Tips for Using an RV Park
In a recreational vehicle, you have the freedom to travel the open roads with access to the modest comforts of home. When you make the decision not to stay in a hotel, RV parks can be your best bet for a good night’s sleep.
Tips to Reduce Distracted Driving
April is Distracted Driving Awareness Month, which sheds light on dangerous habits behind the wheel. Although texting or talking on the phone and eating while driving occur year round, this month specifically focuses on educating drivers to make our roadways safer. According to the National Highway Traffic Safety Administration (NHTSA), distracted driving claimed 3,142 lives…
In-Cab Cameras Can Reduce Truck Accidents & Insurance Rates
While some employees may feel that driver-facing in-cab cameras are an invasion of privacy, they have many benefits for trucking companies. In-cab cameras can help to establish accident responsibility, reduce claim time and provide a useful training tool. In turn, these aspects can help lower insurance rates for drivers and their employers. As more commercial…
