NEWS & UPDATES

Rising litigation costs and more severe accident claims are key factors driving higher trucking insurance premiums in the U.S. market.  Recent industry analysis highlights how larger jury awards and increased legal activity  are pushing liability costs up for carriers — resulting in steeper rate increases across policies. Data shows that crash frequency and severity have climbed in recent years , with bodily injury costs increasing substantially. In addition, plaintiff attorn

Commercial auto insurance premiums across the U.S. transportation industry are continuing their upward trend in 2025, outpacing most other business insurance lines as carriers adjust to a high-loss environment. Industry reports show that commercial auto premiums increased roughly 8.8% in the second quarter of 2025, even as other coverages saw modest growth. Insurers attribute the increases primarily to higher claim costs driven by expensive verdicts and settlements, particula

Insurance premiums for the U.S. heavy-duty trucking industry continue to rise as accident severity and litigation costs increase , according to industry analysts and insurers. While the total number of accidents has remained relatively stable, the cost per claim has grown significantly , driven by higher medical expenses, vehicle repair costs, and large jury verdicts in liability cases. Insurers report that commercial auto losses involving trucks are becoming more expensive d

Trucker Path, a leading digital platform widely used by truck drivers and fleet operators across the United States, has launched a new insurance division aimed at serving the commercial sector . The new unit, Trucker Path Insurance , is designed to offer tailored insurance solutions for owner-operators, small fleets, and mid-sized trucking companies. The insurance products include primary liability, cargo insurance, physical damage coverage, non-trucking liability, and occupa

As insurance costs remain high across the transportation industry, many trucking companies are focusing on proactive risk management to control premiums and improve long-term stability. Key strategies businesses are adopting include: Implementing driver safety and compliance programs to reduce accidents and violations. Using technology such as telematics and GPS monitoring to improve driver behavior and accountability. Maintaining consistent vehicle inspections and preventive

Commercial auto insurance premiums continue to trend upward in 2025, driven by higher claim severity, increased repair costs, and ongoing litigation expenses. For trucking companies and fleet owners, this means higher operating costs and greater scrutiny from insurance carriers. What does this mean for your business? Reviewing liability limits and coverage structures is more important than ever. Strong safety programs and driver training can help reduce claims and improve und

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