Originally published at: Broker Insurance Frenzy: 3-Digit Cost Hikes Ahead - FreightWaves
Freight broker insurance is in a frenzy, and premium hikes are getting ugly. Thom Albrecht helps break down how the CH Robinson verdict, underwriting pullback and cargo theft are driving double-digit to triple-digit cost increases for brokers. He also explains what’s changing in excess liability, why some underwriters are exiting the market, and what carriers…