Freight brokers face increasing legal, financial, and operational risks: not just from their own mistakes, but also from the negligence of the motor carriers they hire. In some cases, brokers are held responsible for negligent hiring if a carrier’s actions cause damage, even though the broker never physically handled the...
In our time of working with our members to place insurance, we have been introduced to a Funding Resource that can be an asset to you for a variety of your capital needs. Whether you are in need of funds for that unexpected repair to get back out on the...
I wanted to take a few minutes and remind our members that if you are in the market or need for insurance, new or renewal, our team is the perfect resource for your needs. We understand that you may have a trusted resource that you lean on for this type of...
As we move closer to the end of the calendar year, open enrollment options will begin for healthcare providers. NASTC and NASTC Insurance Services LLC, is fortunate to have a partner resource that can assist you with navigating the shark infested water of the Health Care marketplace. Whether you have...
For those of you who did not get the opportunity to experience the NASTC conference this year, I wanted to take a minute to recap some of the highlights from an insurance perspective. Jeff Davis with Fleet Safety Services, LLC, and I had the pleasure of hosting a breakout session...
We have recently seen a spike in claims reporting over the last several weeks. There are a few key details to know about the claims process and how you as the company can help the adjuster to resolve the claim quickly and efficiently.When your driver has been in an accident,...
In the last 12 months the Broker Bond market has seen dramatic changes with several broker bond insurers removing themselves from the bond market. That has made it harder and harder for small brokerage operations to continue to see the same rates that they have seen in the past.NASTC Insurance...
With cargo theft rising year over year, it has become more difficult to secure trusted methods of Spike or Single Load Excess Cargo. Brokers, carriers, and agents have less options in the last couple of years, because insurance options and carriers in this market have become scarce. Even if the...
As the FMCSA begins to restructure the registration process for carriers and brokers, it is imperative to have your ducks in a row. Recent discussions held by the FMCSA have brought light to how severe fraud and double brokering has become in the industry. As a trucking company, now is...
Having safe and qualified drivers is the most important asset of a successful small trucking company. The luxury of having a risky driver is nonexistent. To grow a risk adverse company, there should be a guideline for driver qualification. The measured characteristics of drivers that affect risk are age, driving...