Monday, August 25, 2008

Looking for insurance: how to limit rate increases

The market for trucking insurance took a hard turn into higher pricing in 2001. Those higher rates still are being felt industrywide, with liability rates rising as much as 32% since Sept 11, 2001, and umbrella rates soaring by 100% or more. Even worker compensation rates have gone up 50% or more and probably will continue to rise for the next few