"The overwhelming belief among fleets and their insurers/reinsurers today is that the commercial auto insurance market is not working," says Keith Dunlap of Gallagher Bassett. (Credit: Jason Doiy/ALM)0300

During the past few years, the commercial trucking industry has seen total cost of risk rise by double digits, while predicting outcomes has grown more difficult as the sector faces a slew of challenges ranging from a shortage of experienced drivers to large "runaway verdicts," according to Keith Dunlap, Gallagher Bassett transportation practice leader.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]