well heck yeah... sounds like coney island talk.....I should have said I heard from a very reliable source.
well heck yeah... sounds like coney island talk.....I should have said I heard from a very reliable source.
And the most widely spoken in Chinese, Spanish and English third.Not that it matters, but by a wide margin the most dominant language in the world is Mandarin. Second is Spanish. English is third.
This problem will persist as long as brokers, carriers and shippers are willing to load these under insured and not in compliance vehicles. I recently heard a very large carrier has taken the stance that "the benefits outweigh the risks" in regards to using under insured vehicles. They run cheaper leaving more profit for the carrier. Profit profit profit.
so this is your teams definition of being insured?.....Sometimes this place reminds of that groudn
I can tell you first hand. I have spoken with some of the largest carriers in our industry who use these non compliant carriers. Some simply believe they have enough insurance and legal teams in house to protect themselves. Sad way of looking at business from a few carriers I considered to be the predominate players in our industry. So if you run for number one or two maybe ask your carrier their stance on using these guys and why they do it? I personally don't care what color your truck is. I don't care what your nationality is. What I care about and what I would hope more people would care about is simple....legal, insured and compliant competition. Plain and simple.
question would be respectfully....if 3, 4 or 5 other major players think they are correct and legal..don't you think you might be over stating the problem just a bit?....
well they appear to have insurance...but either not enough or wrong kind...according to a reliable source...who appears to be outnumbered by other respectable carriers....I didn't read anything about being correct & legal. I read that a few of the largest carriers are making so much stinking $$$$ that it's worth the risk. There's a difference ...
I've been paying my few ounces of gold to CIS since day 1.
You either got the insurance or you don't ...
insurance to be legally and properly covered.
well they appear to have insurance...but either not enough or wrong kind...according to a reliable source...who appears to be outnumbered by other respectable carriers....
Either your legally compliant or your not. If a carrier is willing to use those that are non compliant that's there choice but also there risk.
Unless it's so profitable that the big dogs don't let anyone else get in it... Like buying all the small players(monopoly)If writing Commercial Insurance was highly profitable there'd be more people offering it.
There's a commercial on a local Detroit station here for a law firm that will send a team out and investigate if you're in an accident with a truck. Actually the amount of lawyers commercials is incredible.Rates have continued to climb...but from what I read and follow that is mostly due in part to two areas. 1 being the size of awards in the judicial system that have skyrocketed. 2 the insurance industry used to make money on investments and interest more than on insurance believe it or not. Well with interest rates so low, that part has really dried up.
so what you are saying really..they are under insured?....So out of say the top 10 larger type carriers...30-40% are under insured?....and not even including smaller type carriers...
doesn't DOT do audits on this issue?...or they just do HOS issues?....
I.... like you, pay my share of gold to CIS as well....If writing Commercial Insurance was highly profitable there'd be more people offering it.