Insurance Premium Finance Blog

Status of Pilot Flying J Probe

Federal authorities conceded this week, nearly two years after a high-profile raid of Pilot Flying J headquarters, that an end of a probe into alleged diesel fuel rebate fraud is not yet in sight. In a joint motion filed Tuesday, for each of the 10 cases, in which former Pilot Flying J employees have pleaded guilty to various roles in a scheme to siphon off fuel rebates promised to trucking companies, the prosecutors had asked to set a June 24th deadline for another status update.


Wrong-ful Death Claim Settled Involving a Walmart Truck Driver

The family of a comedian who was killed in an accident, last June, settled a wrong-ful death claim with Walmart. Another comedian was also severely injured and is starting to slowly recover. The settlement is confidential, but the family is very pleased with the outcome. The truck driver for Walmart pleaded not guilty to charges of death by auto and assault by auto.


Trucking Accident Ends With Lawsuit

The QuoteMyRig.com team has been following the case of a trucking company that’s been named in a $5 million wrongful death lawsuit after a trucking company’s driver was involved in a fatal accident. Cases like this one underscore the need for proper insurance coverage. The lines needed to properly protect a company are Cargo Coverage, Physical Damage and Auto Liability.


How Much Trucking Insurance Is Enough?

Are you an asset-based carrier or owner operator of a tractor trailer? If so, you probably know the tremendous liability that comes with driving your vehicles on every haul. The only thing protecting owners and owner-operators from potentially devastating lawsuits is the insurance that they carry on their business, cargo and vehicles.


Wages Rise With Costs Per Mile

A new report from the American Transportation Research Institute has indicated average cost per mile for truckers is on the increase. In 2012 to 2013 the average marginal cost per mile for drivers has increased from $1.63 to $1.68. The information on tracking costs was extracted directly from the financial and operational data of fleets themselves.


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