Industry Insights

Growing Risks in Shipping Industry Include Cyber, Piracy and Super Storms

A new insurance industry report highlights the growing security and safety risks the shipping industry faces – from cyber attacks to piracy and super storms – and warns that shippers should be better prepared to handle these exposures. This report comes on the heels that 2015 was the safest year for the maritime industry in […]

Industry Insights, Insights

Arming the Transportation Industry with Flexible and New Driver Safety Programs

According to the American Trucking Associations (ATA), trucking represents 68.8% of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods. Trucks hauled just less than 10 billion tons of freight in 2014, with motor carriers collecting $700.4 billion, or 80.3% of total revenue earned by all transport modes. This illustrates […]

Industry Insights, Insights

Employers More Likely to Have an Employment Practices Claim than a General Liability or Property Loss

Transportation and logistic service providers are well aware of the exposures they face when it comes to general liability claims and property losses. Customers and visitors to your premises can slip and fall resulting in injuries. A fire or flood can shutter your operation temporarily, causing you to replace property or rebuild. You insure against […]

Industry Insights, Insights

Recent DOL Guidance Spotlights Joint Employer Issue, Misclassification of Employees

The Department of Labor’s Wage and Hour Division (WHD) over the last couple of years has issued clarification guidance on several occasions on joint employment under the Fair Labor Standards Act (FLSA). The newest guidance on January 20, 2016 stressed the broad definition of “employment” under the FLSA and the agency’s belief that many workers […]

Industry Insights, Insights

Loading Dock Safety and Preventing Employee Slip & Fall Injuries

Loading docks present a number of significant risks, not at all surprising when considering the volume of traffic that takes place at these locations, as well as the variety of personnel who are required to work in the area. As there are too many hazards to address in one article, the following focuses on slips […]

Industry Insights, Insights, Shipping

The Easing of Iranian Trade Sanctions and What It Means for U.S. Business

On July 14, 2015, the United States, United Kingdom, France, Russia, China and Germany reached a historic nuclear non-proliferation agreement with Iran called the Joint Comprehensive Plan of Action JCPOA). As a result, comprehensive international sanctions restricting dealings with Iran and Iranian entities were substantially eased. The lifting of sanctions was primarily “secondary” and applicable […]

Industry Insights, Insights

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