‘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 biggest challenges of all. It’s known in the insurance industry as a “hard market”, says Northbridge Insurance vice-president of transportation and logistics Todd MacGillivray. And … Continue reading ‘Hard market’ continues to drive truck insurance costs higher