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CINCINNATI–(BUSINESS WIRE)– Great American Insurance Group is excited to announce the promotion of Daniel (Dan) M. Keenan to Divisional President of its Trucking Division, effective June 2, 2025. Mr. Keenan will take over from Randal M. Smith, who is set to retire in June after more than three decad
Challenges Facing the U.S. Trucking Industry The trucking sector in the U.S. is grappling with critical issues including overcapacity, safety violations, and national security concerns, all worsened by years of deregulation and insufficient oversight. Surge in For-Hire Carriers Since March 2018, the
ALBANY, NY –(Marketwired – August 12, 2013) – BESTPASS, Inc has announced a collaboration with the Colorado E-470 Public Highway Authority to offer trucking companies reduced toll services at ExpressToll facilities. ExpressToll is an electronic toll collection system operating on the E-470 highway,
AM Best Ratings Unchanged for Dakota Group AM Best has confirmed that Dakota Truck Underwriters (DTU) and First Dakota Indemnity Company (FDI), collectively known as the Dakota Group and located in Sioux Falls, SD, retain their Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit R
AM Best’s Ratings Remain Steady for Dakota Group AM Best has announced that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) for Dakota Truck Underwriters (DTU) and First Dakota Indemnity Company (FDI), both based in Sioux Falls, SD and referre
Initial Steps to Getting My Authority In 1999, I resolved to obtain my own authority, but before I took the plunge, I wanted to be thoroughly prepared. I secured funds for a down payment on a truck and trailer, saved enough working capital for at least 30 days, built a customer base, and created a
Supreme Court Ruling on Insurers as “Parties in Interest” The US Supreme Court determined that an insurer liable for bankruptcy claims qualifies as a “party in interest” under Bankruptcy Code §1109(b), allowing them to raise and be heard on any issues in a Chapter 11 case. Background Information The
The average monthly expense for commercial auto insurance stands at $147, as reported by Insureon. Notably, over one-third (37%) of Insureon clients spend less than $100 each month, roughly a quarter (26%) pay between $100 and $200, while 37% incur costs exceeding $200 monthly for their commercial a
Another legislator has backed a proposal aiming to raise the minimum liability insurance for motor carriers to $5 million. On Friday, September 6, Representative Kevin Mullin, D-Calif., joined as a co-sponsor of the Fair Compensation for Truck Crash Victims Act. Currently, the minimum insurance requ
