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Tag: claims
Business
How to file on a brokerâs surety bond
Do you know what to do when a broker doesn't pay you? Discover the steps you need to take when filing on a broker's surety bond today.
March 23, 2020
Business
Critics say trust fund surety fails to protect truckers in claims against brokers
Critics note brokers' trust fund sureties can exist with little or lax regulation, and with too few trust assets backing them up. Learn more here on Overdrive.
March 4, 2020
Business
How to file against a brokerâs bond â and other collections-related resources
When it comes to working with brokers, nonpayment has been an issue for many owner-operators. Learn how to file against the broker's bond and more on Overdrive.
January 23, 2020
Channel 19
When the broker disappears with the owner-opâs money
Broker launches new authority in July, surety is now pending cancellation after a run-up in claims. Sound familiar? Owner-op Allan Workman is owed money, and is on a mission to shine a light on the intrastate/exempt commodities surety exceptions that he believes prolongs the viability of such an operation.
November 5, 2019
Voices
POLL: Ever filed on a brokerâs bond over nonpayment on an intrastate load?
Weâve seen more than one instance of late on in-a-single-state moves where surety-bond claims after a brokerâs nonpayment come back invalid, uncovered â to say nothing of the same on loads of exempt commodities. Whatâs been your experience filing on bonds for intrastate loads, such as it may be?
October 24, 2019
Business
Owner-ops have some agency in speeding damage appraisals
âTime is a big differentiatorâ for Property Damage Appraisers, the company says, urging owner-operators experiencing damage-appraisal delays to ask just why âmy truck is not getting looked at.â
September 4, 2019
Voices
Assessing the âhard marketâ for liability insurance
Premium increases in the past year have followed increasingly difficult conditions for insurers, watchers note, for a variety of factors. 10 percent might be a good rough average for independents and small fleets. At once, itâs not hard to find contrary examples on either side of that 10 percent among readers.
January 29, 2019
Business
State of insurance for independents with new authority: Pricey, and getting pricier
When itâs time to shop coverage around: With a fleet at around four years old and no significant history of claims, a seven truck fleetâs liability insurance rates had risen substantially in its fourth year to roughly $15,000 annually per truck, all in. Thatâs not how itâs supposed to go, noted presenters at an insurance session at Expedite Expo.
July 14, 2017
Business
How-to: File against a brokerâs bond
Federal rules pertaining to broker surety filings are in flux following congressional action last year that raised the minimum bond from $10,000 to $75,000. Still, basic procedures for filing are expected to remain.
March 8, 2013
Voices
Poll: Have you ever filed a claim on a brokerâs surety bond?
January 8, 2013
Channel 19
Are you happy with your insurance company?
Consumer insurance portal Insure.com recently tracked customer satisfaction by polling users of the site as to their happiness â or lack thereof â with their auto, home, life and health insurers, evaluating these keys areas; customer service, claims experience and value for the price paid. They also asked whether customers planned to renew their policies and whether [âŚ]
January 18, 2012
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