If you’ve ever moved across the country – or even across the city – you know that things have a tendency to go wrong. Your internet connection isn’t hooked up when it’s supposed to be, your kids are bored, your pets are stressed, and you can’t find that one item you need ASAP. Moving hassles [...]
In March, a massive cargo ship, the Ever Given, became stuck in the Suez Canal, blocking marine traffic for close to a week. This was an unusual and extreme event in shipping, but it provides some important lessons on the current state of the shipping industry and cargo insurance. The Ever Given Incident Calling the [...]
In 2020, the pandemic turned a lot of moving trends and assumptions upside down. Now 2021 is underway, and it’s time to check up on the current state of the relocation industry. Here’s what’s happening now. People Are Heading South According to U-Haul’s Migration Trends study, Tennessee earned the top spot for one-way trips from [...]
Accidents happen, but that doesn’t make them any less devastating. A history of frequent or severe incidents can raise your fleet’s premiums at a time when commercial auto insurance rates are already increasing and coverage may be harder to secure. According to an AM Best report, U.S. commercial automobile insurance underwriting losses reached a staggering [...]
There’s an overwhelming uncertainty about the effect the COVID-19 pandemic will have on the US economy. This uncertainty is echoed in the moving industry, where according to our recent survey, over 80% of moving companies are worried about the future of their businesses. And no wonder: almost three-quarters (74%) of them have already seen moving jobs [...]
Recently, the Mover’s Choice (AIG) program exited the New York market and has been non-renewing all clients. This is a major change that is creating a P&C insurance challenge for many moving companies. To help you navigate this challenging insurance market, we are co-hosting an Insurance Cost Control Workshop with World Insurance Associates. When: 6/22 [...]
