Trucking recommendations emerge in report on ‘hard market’ for insurance

Insurance companies have been paying out more in trucking-related claims than they collect in premiums. But a new insurance industry report makes a series of recommendations to help address rising…

NDP motion calls for Ontario truck insurance relief

Ontario NDP MPP Guy Bourgouin (Mushkegowuk-James Bay) has officially introduced a motion calling on the provincial government to tackle rising insurance costs faced by owner-operators. “Today is a victory for…

Ontario owner-operators face insurance disadvantage, broker says

Owner-operators may face an unfair disadvantage when it comes to securing commercial auto insurance, an Ontario broker suggests. In Ontario, individual truck drivers who decide to start their own trucking…

NDP member calls for truck insurance relief

An NDP member of Ontario’s provincial legislature has introduced a broad-reaching motion that calls on steps to help owner-operators with surging insurance costs and an underlying driver shortage. “[Premier] Doug…

‘Hard market’ continues to drive truck insurance costs higher

TORONTO, Ont. – Canada’s trucking industry continues to face rising insurance costs as global insurers back away from the business segment – and cross-border carriers may face some of the…

Battle rising insurance costs with data and safety cultures

TORONTO, Ont. – Insurance premiums continue to push higher, driven up by everything from massive legal verdicts to the increasing price of collision repairs, but there are still things fleets…