Thank you for sharing!

Your article was successfully shared with the contacts you provided.

For the past several years, the market for truckers insurance could be said to be “hard” overall, characterized by increased premiums and a lack of insurers willing to assume the risk. While this may not be the case for companies with excellent safety records and no losses, those companies that have questionable safety records and/or crash losses are struggling to obtain affordable insurance.  Last week saw yet another trucking company ceased operations, joining a group of hundreds of trucking companies that have shuttered operations in 2019.

On December 31, 2019, Fleetwood Transportation Services joined the rapidly growing list of transport carriers shuttering operations in 2019, citing insuring costs as the reason for its shutdown. Other companies in demise include Celadon, Falcon Transport, LME, NEMF, Williams Trucking, A.L.A., Starlite Trucking, Terrill Transportation, and Carney Trucking, just to name a few.

This premium content is locked for
FC&S Expert Coverage Interpretation subscribers.

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].

FC&S Editors


Get Answers Directly From the FC&S Experts

Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.

Question of the Week

Insurance Coverage Q&A: When the Rug Needs to Dry ›

When the drying process of an oriental rug leads to damage, is there coverage?

Question of the Week Archive ›

Copyright © 2024 ALM Global, LLC. All Rights Reserved.