Business Management Facility Association introducing new insurance surcharges for U.S. exposure July 21, 2023 Facility Association, an insurer of last resort, is introducing higher surcharges for trucking companies and owner-operators who travel through specific U.S. states. A current surcharge is set at 1% per…
Transportation FA-insured Alberta truck fleets could slash premiums with telematics February 27, 2023 Alberta fleets and owner-operators insured by Facility Association (FA) will have a chance to cut their insurance premiums by up to 8% — if they accept video-based telematics devices in…
Business Management Facility Association reducing its insurance deductibles March 19, 2021 Facility Association has announced a reduction in deductibles for the trucking industry. In her remarks at Facility Association’s recent annual general meeting, FA’s president and CEO Saskia Matheson said the…
Regulations Facility Association updates truck insurance rules October 6, 2020 TORONTO, Ont. – Facility Association – established as an insurer of last resort — has revamped its rating and commercial underwriting rules, making it harder for trucking companies to misrepresent…
Regulations Ontario MPP questions truck insurance costs September 29, 2020 TORONTO, Ont. – An Ontario MPP is questioning the insurance premiums that small businesses and owner-operators are forced to pay if they want to hire truck drivers with limited experience…
Transportation UPDATED: Truck insurance review underway July 16, 2019 The Ontario Trucking Association (OTA) believes some fleets may be misrepresenting themselves when applying for Facility Association insurance. TORONTO, Ont. — A national review by Facility Association – an insurer…