We're facing what some have called a crisis with insurance costs right now. Premiums continue to escalate in lock step claims costs, from medical expenses to vehicle repair costs. The so-called nuclear verdicts are a factor too. Many insurance companies have exited the market, so those that remain can be very selective about the risk they take on. For a better understanding of the state of the insurance market today, we speak with Reliance Partners' founder and CEO, Andrew Ladebauche and the company's director of safety, Brian Runnels. The pair explain how we got here and offer advice on how fleets can lessen the impact of rising insurance premiums.
HDT: How to Rein in Rising Insurance Costs
HDT: ‘Hard Market’ for Insurance Leads to Search for Creative Solutions
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Last year, 2020, was a train wreck and 2021 got off to a pretty interesting start. What's ahead in 2021, or in the four years to come of the Biden administration? HDT's editorial team of Deborah Lockridge, David Cullen, Jack Roberts and Jim Park cast a relieved eye back at 2020 and wary eye ahead at 2021.
Bob Wessels and Chuck Blake, despite their competitive positions, understood the need for "real world" fuel economy testing that fleets could believe. The pair worked side by side for a couple of decades pioneering reliable and repeatable test methods. Bob and Chuck accumulated more than a few stories over the years, and they share some of them on this episode of HDT Talks Trucking.
If you're a typical small fleet in North America, you may think you're not big enough to attract a hacker's attention. You may think cyber-attacks happen only to big fleets because they have more of what interests the hackers. But according to our guest, Kevin Linardic of Carrier Logistics Incorporated, you'd be dead wrong.
Adam Lang is Halvor Lines' chief risk officer. He came to this industry just eight years ago. In that short time, he established himself as a leader and collaborator at Halvor Lines. In recognition of his efforts and enthusiasm, Adam was named HDT's Safety & Compliance Award winner for 2020.
Season 5 of HDT Talks Trucking dives into a couple of current industry concerns truck insurance and cybersecurity. HDT's editorial team looks back at the year we'd all like to forget and we look forward to what we can expect from 2021. We meet Heavy Duty Trucking Magazine's Safety & Compliance Award winner for 2020, and HDT's 2020 Emerging Leaders. Also, two former competitors who became close friends share a few tales from the pioneering days of fuel economy testing.
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