News & Insights

Roanoke Insurance Group regularly checks on the status of the requested re-exemption for ATA Carnets from the Electronic Export Information (EEI) filing requirement under the new Foreign Trade Regulations. As of today we still have no response on the status and thus no further update to share. We can tell you that US Census has released their official FAQ on how ATA Carnet shipments are to be handled during this period of Informed Compliance. Please click here to view the Foreign Trade Regulations’ FAQ; page 19 contains the following language specific to ATA Carnet: Do carnet shipments require filing during the period of informed compliance?  The period of informed […]

It’s been seven weeks since CBP’s internal memo to seaports resuming limited liquidated damage (LD) enforcement on ISFs. NCBFAA and the International Trade Surety Association (ITSA) requested a copy of the directive but CBP has declined to provide it. CBP maintains that an FAQ Addendum posted to their website sets forth the pertinent elements of the directive. Regarding the resumed enforcement phase: CBP has adopted a “three strikes” policy. Ports must undertake “informed compliance” outreaches to importers via phone, email or letter for the first three (nationwide) violations. LD cases may be forthcoming beginning with the fourth violation. The three strikes threshold […]

In observance of Independence Day, our offices will close at 3:00PM on Thursday, July 3rd and will be closed Friday, July 4th. We will re-open on Monday, July 7th at 8:30AM. From all your friends at Roanoke, we wish you a safe and memorable 4th of July weekend!

Inside the Intangible Benefits of Cargo Insurance Cargo insurance is a vital risk management tool for cargo owners and in some cases affords a degree of protection for transportation intermediaries as well. In addition to the potential profits associated with providing clients with Cargo insurance coverage, transportation intermediaries should also consider the intangible risk management benefits they can gain. Transportation intermediaries are widely regarded as experts in their field. Cargo owners rely on them for their expertise and sound advice, particularly as it relates to risk of loss for cargo in transit. Some cargo owners are unaware of exposures such […]

On June 19, Roanoke Trade and the Chicago Customs Brokers & Forwarders Association co-sponsored CBP’s ACE outreach session for the Chicago trade community. This event on the progress of ACE development and mandated deployment dates was the largest attended ACE outreach session to date with over 150 members of the trade community present. We would like to extend our gratitude to Steve Hilsen and Vincent Annunziato of CBP’s ACE Business Office for their time and commitment to this important ACE outreach effort. A special thank you is also extended to the Chicago Customs Brokers & Forwarders Association for their cooperation in […]

The Importance of Warehouse Legal Liability Insurance   Under the United States Uniform Commercial Code (UCC), a warehouse owner assumes responsibility for the materials they store for others for a fee. If a facility experiences a loss and a customer’s goods were damaged, the warehouse owner can be held liable for failure to exercise due care over their possessions. Warehousing claims may arise from theft, fire, flood, lack of refrigeration, roof collapse, missing inventory, damage during handling, insufficient facility maintenance, trailer theft and a number of other causes.   That’s where Warehouse Legal Liability Insurance steps in. This coverage provides […]