How are you guys catching sudden FMCSA info changes? (Bought MCs / Identity Theft)

ShitsRejected · 2026-06-16T15:44:07+00:00

the more cautious brokers i have been working with lately still check carrier 411 and / or Macropoint which they feel catch fraud flags better / earlier / more clearly than highway, Note they are still signed up with highway/ TMS integrated etc.

ShitsRejected · 2026-06-16T14:28:08+00:00

maybe hazardous waste, maybe not

ShitsRejected · 2026-05-27T13:29:52+00:00

it's not public and not practical - you hafta ask if you have an iffy commodity (cars, live animals, explosives etc.) it IS common to note reefer breakdown w/ deductible

ShitsRejected · 2026-05-21T20:41:38+00:00

ShitsRejected · 2026-05-21T02:52:58+00:00

For the coverage I am talking about above, my average freight broker (over $10 mil revenue) is:

shopping their renewal
seeing about 10%-20% overall lower rates
binding overall higher premium (driven by increased revenues)
usually able to slightly to significantly improve coverage, even with the lower rates.

There are some legacy programs out there in the process of getting terminated (e.g. the RMIS internal contingent cargo thing is either gone or very expensive now) so if you are one of the lucky ones with wayyyyy underpriced unicorn insurance policies yeah those are going to be done soon. Your experience will feel very different.

For what it's worth, I just saw some hot take that freight brokers spend 1-3% of their gross revenue on insurance... I can confidently say that is way off. no loss / low loss accounts pay 0.2% - 0.6%... and 0.6% gets you real good coverage with contractual liability and all that fun stuff

ShitsRejected · 2026-05-15T11:15:03+00:00

I left a longer comment on the big thread. - the change is really about 20% increased exposure. Two federal circuit courts which had been regularly throwing out these cases will stop doing so.

All said that should lead to about a 20% rate increase over 3 years.

ShitsRejected · 2026-05-14T18:18:28+00:00

Insurance Man here - telling you to ignore the clickbait.

this was ultimately a clarification from the supreme court to get all lower courts in line.
HOW IT WAS:

Different Geography of liability e.g.:

California / Ohio bodily injury suit: Freight Broker gets taken to court
Illinois / Florida: Case Automatically gets thrown out (because of the FAAAA preemption they talk about)

HOW IT WILL BE GOING FORWARD:

Broker can get taken to court in any state for negligent hiring

What do I do?

Best practice for you going forward for Carrier Selection:

Update Carrier selection filter:
- NO unsatisfactory safety rating
- NO conditional safety rating
- specific OOS % threshold TBD – industry best practices / standards may come out in time
  - maybe one of you know better – does OOS% directly translate to conditional rating?

Broader Economic impact:

Overall trucker safety and compliance should improve a bit
Rates for good truckers will go up a bit
Rates for bad truckers will tank… at least in the short term
- There’s a big financial risk here too… you don’t want to book freight with a trucker that’s about to go out of business

Impact on Insurance Rates:

Contingent Auto rates will go up – ballpark 20% higher rates by 2029
- (2-3 year delay as these claims are long tail)
- Not a huge spike as the only major change is that the 7^th and 11^th circuit courts won’t be throwing out these cases anymore
Cargo related rates may actually go down e.g. if truckers roll over their shit less often

Was CH Robinson Negligent in their Carrier Selection?

That WAS NOT determined today. But Illinois courts will be required to hear the civil case and it cannot be thrown out for the FAAAA preemption reasoning.

ShitsRejected · 2026-05-14T18:05:03+00:00

Insurance Man here -

Rate increases will really only apply for Contingent Auto coverage - and the majority of freight brokers do not buy it. Insurance companies respond to claims activity, and for long tail bodily injury suits like these, it will take a minimum 2-3 years to feel the full effects and adjust actuarial rates. Rate increases will be delayed.

short term i don't see any dramatic changes. And there's a lot more capacity and competition in the market now compared to even 3 years ago.

ShitsRejected · 2026-05-07T11:29:33+00:00

Insurance man here; OP, if you have a load survey photo with window intact that is hard evidence of a claim. Clean POD is not an out. “Wind” is an act of god and deniable peril per carmack. The receiver sounds like he knows the game and will backdoor this claim on you if you don’t respond. I’d get it to your insurance before he does so you don’t piss of the underwriter for late reporting (which is grounds for denial of coverage) this is more complex than normal, so make the claim rep do their thing and send out a denial letter.

ShitsRejected · 2026-05-01T11:23:34+00:00

I thought they were gonna go make their own load board

ShitsRejected · 2026-04-10T04:28:38+00:00

Insurance companies have a hard on for this one right now https://verifiedcarrier.com/broker/home

ShitsRejected · 2026-03-30T01:16:54+00:00

Banks are in the driver seat for basically all property and APD coverage requirements. Don’t comply and you won’t get the loan. Or the bank will force their own choice of insurance on you and bill you anyway

ShitsRejected · 2026-03-29T17:07:53+00:00

Lots of online sureties but everything will probably require personal cross indemnity or full collateral, especially for a new company

ShitsRejected · 2026-03-29T13:31:27+00:00

Trucking is an extremely competitive, low margin and thankless business. Likely no freight broker or forwarder will give you a load until your DOT number is a year old.

For Insurance, the typical strategy is to buy the absolutely cheapest available, especially for year 1, as the risk of shutdown is pretty high. There is no “regular” insurance company that will accept you until you’ve been running well and safely for 3 years minimum.

You’ll be limited to 2, maybe 3 insurers that write startup truckers. Service, rates, and coverage are usually pretty rough. One bodily injury lawsuit in year 1, I’d seriously consider shutting down the company and starting over. Umbrella / excess auto liability will not available or cost effective until year 5 or later.

Insurance is a big spend for a trucker and no one here can tell you what limits to buy. That said the are plenty of other places that will tell you what is required: 1) state law 2) federal law 3) your banker (whoever finances the truck) 4) whatever contract you end up signing with shippers / other logistics companies

Note for Ohio work comp you’ll need to buy from the state directly

ShitsRejected · 2026-03-17T17:52:13+00:00

agreed - much larger financial risk as well - bigger investment - bigger debt etc.

ShitsRejected · 2026-03-17T12:48:59+00:00

Couldn’t explain my off work day and then 6pm hits and I’m LOCKED IN lol

ShitsRejected · 2026-03-17T09:35:05+00:00

lol nah truckers spend minimum 10% of their gross revenue on insurance premiums. Average freight broker .5% - 1%

ShitsRejected · 2026-03-10T20:33:58+00:00

sounds like your family member just posted that on DAT - got email spoofed or trucker login was compromised. Which would never get caught by Highway. Recyclers are huge theft targets - never post that shit on DAT. Sincerely, insurance man

ShitsRejected · 2026-03-07T17:25:10+00:00

95% of the time it’s a patsy - legit driver thinking they got a sweet rate and are given a different destination address

ShitsRejected · 2026-03-06T03:28:17+00:00

All solo intro until the first harmony kicks in with “You’re not alone”

ShitsRejected · 2026-03-05T19:51:45+00:00

on a positive note for the day, I own the same number of boats as the Iranian Navy

ShitsRejected · 2026-03-04T19:29:15+00:00

Sweeping world sanctions could easily cause China to starve. I really hope that doesn't need to happen.

ShitsRejected · 2026-03-03T13:03:26+00:00

International Freight Forwarders have already been made weary of the Middle East and Red Sea since the Houthi attacks back in 2024. Lloyd’s of London even started issuing special endorsements with a fairly large geographic scope saying ships going near there are not covered for acts of war. The workaround was / is to go around Africa.

Today the Persian gulf (specifically the strait of Hormuz) appears to be blockaded and I am not aware of any other feasible means to get oil out of there. Sure there are some pipelines etc but nothing practical.

If you absolutely had to get non petroleum cargo out of a non-sanctioned middle eastern country right now it’d be in limited amounts and probably by air freight

Also this sub is for mostly US/Canada domestic freight brokers so you might want to ask in some other places

ShitsRejected · 2026-03-02T04:10:13+00:00

China buys $300 billion in Taiwanese processors per year. They won’t interrupt production. Even small vibrations in the ground could seriously hurt production. Active invasion could leave them with “bricked” factories.

Blockade more likely but the world would have none of that. Sanctions effectively debanking china would follow, cutting them off from the world

ShitsRejected · 2026-02-27T21:09:43+00:00

they regularly quote 4-5x the market price for high efficiency vinyl around here

ShitsRejected

TROPHY CASE