by Anhdy Ng | Nov 6, 2020 | Writings
Louisiana authorities have indicted the first lawyer involved in trucking insurance scam which involved staging crashes in New Orleans. Accident lawyer Daniel Patrick Keating has been indicted on a conspiracy charge, consistent with the U.S. Attorney’s Office....
by Anhdy Ng | Nov 5, 2020 | Writings
North American class 8 net truck orders surged to 40,100 units in October, in line with preliminary information given Tuesday by FTR – the first time order intake has cracked 40,000 units since October 2018. Orders last month were up 26% from September – a...
by Anhdy Ng | Nov 4, 2020 | Writings
Objective Risk Assessments Using insurance brokers simplifies the method of selecting insurance. There are several options, with numerous limits, coverage, and exclusions for every policy. It’s exhausting to understand what varieties and levels of coverage are right...
by Anhdy Ng | Nov 4, 2020 | Writings
U.S. Sen. Ed Markey, D-Massachusetts, has blamed the Federal Motor Carrier Safety Administration (FMCSA) of failing to properly supervise the country’s commercial trucking industry and is urging that the agency own up to it. The allegations by Markey,...
by Anhdy Ng | Nov 3, 2020 | Writings
In an announcement, AM Best mentioned it had downgraded New Jersey-based American Millennium Insurance Company (AMIC’s) financial strength ratings from B++ to C++ and its credit ratings from bbb- to b+. The firm place those ratings and the B++ financial strength...
by Anhdy Ng | Nov 2, 2020 | Writings
The Vermont superior court for Washington County has placed Global Hawk Insurance Company Risk Retention Group (Global Hawk RRG) into liquidation as of June 8, 2020. The liquidation is being handled by the Vermont Department of Financial Regulation, as Global Hawk RRG...
