Trucking Safety Tip of the Month: Following Distance
Truck Writers’ 2017 blog series is aimed at providing truckers with the information needed to increase safety awareness. While we recognize that roughly 80 percent of crashes involving a truck are caused by passenger vehicles, our country needs the participation of truckers to work toward zero deaths. According to The Large Truck Crash Causation Study, five percent of 2008 […]
Rent-a-Captives as a Trucking Insurance Solution
Rent-a-Captives Rent-a-captives, as well as other captive and self insurance options, are great for trucking companies who are looking to stabilize insurance costs. However, since not all trucking companies are capable of undertaking the formation of their own captive, rent-a-captives are the ideal solution. A rent-a-captive is defined as “an arrangement whereby a capital base is accessed by a […]
Top Questions: Deadheading vs. Backhauling
In an effort to help those within the trucking industry better understand trucking insurance, Truck Writers publishes its Top Questions posts. These posts are inspired by real questions submitted through our Ask the Expert portal. This post will cover the difference between deadheading and backhauling. Deadheading vs. Backhauling Typically in trucking, the driver is hauling a load from the […]
What is a Workers’ Compensation Self-Insurance Program?
Workers’ Compensation Self-Insurance Programs Typically, employers pay a fixed premium to an insurance carrier for workers’ compensation coverage. However, employers may choose to go the self-insurance route, wherein the employer assumes the financial risk for providing workers’ compensation benefits to its employees. In other words, self-insured employers pay the cost of each claim ‘out of pocket’ as […]
Steer Clear of Deer this November: Collisions on the Rise
State Farm released its annual deer claim study on September 19th. The 2015-2016 study ranks states by the potential a driver in that state had of hitting a large animal (i.e., deer, elk, moose, etc.). Top 10 Deer Collision States 2015-2016 West Virginia – 1 in 41 drivers (up 5.4%) Montana – 1 in 58 drivers (up 9.1%) Pennsylvania – 1 in 67 drivers (up 5.8%) Iowa – 1 […]