.png?width=69&height=53&name=Acrisure%20Logo%20(White%20Horizontal).png "Acrisure")
Lloyd’s of London recently published its 2013 Risk Index. The Risk Index [click here to access the 48-page PDF] is done every two years and is a compilation of survey data from companies with less than $499 million in sales.
Determining who is liable for freight claims usually falls under the Carmack Amendment, a law applied to motor carriers by Congress in 1935 that was adopted to achieve uniformity in rules governing interstate shipment.
The Carmack Amendment applies to shippers and carriers involved with interstate shipments of all commodities, with an exception for farmers, fisherman, and a few other categories.
1. What is the Carmack Amendment?
The MAP-21 transportation funding bill passed by Congress in July 2012 is going require many changes in the transportation industry over the coming months. However, two changes the bill requires of freight brokers may be flying a bit under the industry radar.
The U.S. Department of Transportation warned motor carriers last week against fraudulent letters asking for sensitive financial information.
In January 2013, FreightWatch International published their 2012 US Cargo Theft Report. Included in that report are three trends worth watching in the area of cargo theft.
HNI works with high-performing companies to help them address the hidden risks in their business and avoid The Insurance Dependency Trap. This is done by proactively DE-RISKING their business so they can be less dependent on insurance.
HNI also offers the basic services of insurance and employee benefits. HNI has offices in Milwaukee, Chicago, and Minneapolis.