Large vehicles, such as trucks, used for company operations are expressly covered by commercial truck insurance. Tractor-trailers and other commercial truck kinds like the following are included in this: Trucks that haul trash Delivery vans Mixers for cement Tow vehicles Additional commercial vehicles In general, vehicle insurance with a focus on transportation companies and commercial truck drivers is known as commercial truck insurance. Various insurance may be required, depending on the kind of business you operate, to cover all potential responsibilities both legally and financially. Generally, commercial truck insurance covers…
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AIR Expands Its Catastrophe Risk Engineering Solutions to Include Supply Chain Risk Quantification
Insurance news… AIR Worldwide (AIR) announced today that it has expanded its suite of Catastrophe Risk Engineering (CRE) solutions to help quantify, mitigate, and manage the risk associated with the impact of catastrophes on supply chain networks. AIR’s new offering will help risk managers better assess and reduce their risk from catastrophic perils such as hurricanes, earthquakes, floods, tornadoes, and tsunamis. This includes risk not only from physical damage but also from direct and contingent business interruption losses across the entire supply chain network. “The catastrophe risk to supply chain networks…
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