WHITE PAPERS
SHIPPERS/BROKERS VERIFICATION OF INSURANCE FOR MOTOR CARRIERS THEY USE
Blog by Tommy Ruke, The King Pin – Leading Expert in Truck Insurance SHIPPERS/BROKERS VERIFICATION OF INSURANCE FOR MOTOR CARRIERS THEY USE When I provide blogs and white papers readers sometimes ask questions. The September 2016 white paper about MCS90/91X [...]
Broker / Freight Forwarder Bond Program
Overview of Underwriting Brokers or FF meeting standard requirements Base Premium $2250 (3%) No Collateral Brokers or FF who don’t meet the standard requirements Premium will be adjusted upward No Collateral is contemplated Let us know if broker is a [...]
Addressing the Pain
Updating your MCS-150: Have you updated your MCS-150? You must do this every two years. If you do not you will be “flagged”, and this will result in the government taking a closer look at your operations. To remove the [...]
Under-Uninsured Motorist and Med Pay Coverage White Paper
DISCUSSION OF UNDER/UNINSURED MOTORISTS AND MED PAY My thoughts on a commercial auto risk - What should the insurance agent know about UN/IM and Med Pay? This discussion is based on the insured being a “business” and the commercial auto coverage [...]
MCCF 150 Thoughts 8-15-12
MOTOR CARRIER COVERAGE FORM There has been a lot of “talk” concerning ISO’s decision to no longer support the Truckers Coverage Form, leaving the Motor Carrier Coverage Form as the ISO supported form to address auto liability insurance needs for [...]
Updating DOT MCS-150
Updating DOT MCS-150 Information Go to website http://safer.fmcsa.dot.gov Under the column FMCSA Services, click on FMCSA Registration & Updates Under the heading Register Now without Help, click on Start the Online Registration without Help Under Existing Registration Updates, choose I [...]
91X LIMITS – DIFFERENT THAN POLICY LIMITS
What limit should be shown on the 91X filing and the MCS90 endorsement? Anyone who has been in a presentation that I have done for the past ten years knows that my opinion is that the limit shown in the [...]
CUSTOMER’S REQUEST FOR PROTECTION
Why does an insured buy a policy? For motor carriers it is to meet state or federal financial responsibility requirements. For motor carriers and others they buy a policy to protect their business assets (big bad attorneys) or in some [...]
Reinsurance Basics and the Effect on Motor Carrier Insurance
We received a question about the effect of reinsurance upon the pricing of insurance. I want to go over some of the fundamentals involved with reinsurance in order to answer this question. In discussing reinsurance and the commercial trucking market, [...]
EXPLORE YOUR MCIEF MEMBERSHIP BENEFITS
ANNUAL MCIEF CONFERENCE
The Annual Motor Carrier Conference agenda will feature guest speakers providing their perspectives on current developments and trends in the motor carrier industry.
This conference qualifies for CE credit in all states for participants who are required to maintain such credits.
