Market Insights

The current transportation marketplace is challenging to say the least. Insureds’ operating costs have continued to rise while freight rates and revenues have remained relatively stagnant. This is particularly true for trucking, where the impact of import tariffs and recent federal regulation changes are still largely unknown.

In this article, you will learn more about how increasing truck and equipment prices are impacting insureds, as well as what to expect in the coming months as interest rates and coverage restrictions face growing headwinds. We also provide you with access to additional valuation resources and share how you can help clients handle these challenges effectively.

Commercial fleets are turning to real-time vehicle tracking, electronic logging devices (ELDs) and onboard cameras to improve efficiency, safety and compliance. Here we look at the role this data plays in helping us better understand and manage risk.

While some segments are seeing softening, others face the hardest market conditions in decades. In this State of the Market report, Amwins specialists share market intelligence spanning rate, capacity, and coverage trends across lines of business and industries.

Existing marine writers have gained capacity in 2024, enabling them to look at larger and more complex schedules of equipment and increasing competition in the marketplace. At the same time, we have seen new entrants offering fresh capacity, beating incumbent rates and offering lower deductibles and more attractive terms and conditions – causing further disruption for established carriers.

The state of the 2024 transportation insurance industry is marked by a blend of competitive pressures, regional capacity constraints and innovative technological advancements. Trucking insurance remains a battleground for new business, while commercial auto markets grapple with firm pricing and notable market exits.

In the Home Health Care arena many agencies require employees to transport clients throughout the day using their personal vehicles. To protect agencies from liability exposures related to Non-Owned and Hired Auto, we recommend they implement a written Risk Management policy. In this article we highlight a few topics that should be included in such a policy.

Tough conditions in the marketplace are expected to improve long term, but competition remains fierce with significant pricing pressure and standard carriers working hard to fight for and win business. There are opportunities, particularly in markets such as California, where Admitted Carriers are pulling back or leaving altogether.

While some segments are seeing softening, others face the hardest market conditions in decades. In this State of the Market report, Amwins specialists share market intelligence spanning rate, capacity, and coverage trends across lines of business and industries.

The costs of clean-up and regulatory actions after a pollutant release in an auto accident can be enormous. Businesses engaged in this activity, even sporadically, need to understand the limits of the various options they have for insuring themselves against these risks.

​Recycling operations have unique risks that require careful insurance underwriting. Having the proper risk transfers in place, completing supplemental forms and complying with loss control inspections prior to placement may be in order.

​Every industry has exposure to cyber risks, including transportation and logistics. While these industries worked from paper and wheels for many years, now there are both internal and external networks that are critical to operating in this industry group. This article discusses the unique cyber risks facing the transportation and logistics sector, coverages to address these threats, and proactive cyber risk management tools.

With travel increasing and more vehicles on the road post-pandemic, collisions and other vehicle issues have surged, resulting in greater demand for towing services and roadside assistance. This article explores unique exposures faced by towing companies, risk management strategies, and other keys to success.

While some segments are seeing softening, others face the hardest market conditions in decades. In this State of the Market report, Amwins specialists share market intelligence spanning rate, capacity, and coverage trends across lines of business and industries.

Arriving unbidden in the aftermath of severe storms, increasing numbers of auto repair contractors offer quick fixes that can put auto dealers at risk of committing insurance fraud. This article will cover tips to help your insureds identify unscrupulous contractors and best practices to help them get back on their feet as soon as possible.

Climatologists predict that climate change will continue to cause larger and more frequent loss events as storms increase in both frequency and intensity. Now, more than ever, auto dealers must prepare their operations for extreme weather or suffer the unpredictable aftermath.

Cyber events don’t always just result in financial loss but can also cause first or third-party bodily injury or physical damage. In response, many insurers have adopted various exclusions, sub-limits and changes to non-cyber insurance policies. This issue of non-affirmative coverage for cyber events is known as silent cyber. Through various claim scenarios across coverage lines and industries, this article explores the wide range of insureds that are at risk of a silent cyber incident.

​Social inflation is an issue that continues to gain intensity. The term describes the convergence of societal and legal trends resulting in increased litigation and larger jury awards. As these cases are tipping in the plaintiff’s favor, social inflation is adversely impacting insurance capacity and increasing pricing. This article explores the issues driving social inflation, mitigation strategies and what the future holds for impacted sectors.​

Finding coverage for an experienced motor carrier with an above average safety history should be an easy task. However, coverage is often determined by the way a risk is presented - and interpreted. Usage of tools like Central Analysis Bureau (CAB) reports are critical not only to understanding a motor carrier’s risk but also to identifying what further actions need to be taken to research items in question. This article highlights common issues that raise questions when reading a CAB report.

Warehouse Legal Liability is a complicated line with many gray areas and multiple interpretations of its coverages. This article discusses coverage triggers, legal vs. contractual liability and the importance of warehouse receipts.

For decades, the logistics insurance market has been considered a sub-market of the cargo or ocean marine market. However, the continual rise of e-commerce and its effect on the global supply chain has carved out a complex and expansive industry niche. This article provides insight into the various lines of coverage, the specialized underwriting approach, and rate surges within the U.S. logistics insurance market.