MOTOR CARRIER PROFILING:
Overview of the importance of financials when underwriting a motor carrier;
how to obtain a company’s financial rating.
The potential exposure from problematic filings and how to detect and
Overview of the importance of safety statistics and details, including the
use of OOS and hazmat violations, inspections and accidents.
Use of Safety and Financial analysis and reports when handling a claim.
AUTOMOBILE LIABILITY TOPICS:
Of Commercial Vehicles and Identifying The Players
Description of the
function of the agencies that regulate commercial vehicle operations; review
and analysis of statutes and regulations that impact upon interstate and
intrastate use of commercial vehicles; analysis of the role and
responsibilities of motor carriers, owners, lessees and brokers; review of
the paper trail.
Of Motor Carriers
Analysis of the
liability that is imposed upon carriers, drivers and owners by state and
federal regulations; “hands-on” analysis of the meaning and effect on motor
carrier liability of leases, driver applications, bills of lading, drug
Review of the major
insurance policy forms including Business Auto Form, Motor Carrier Form,
Truckers Form and General Liability Form.
Analysis of “who is an
insured”, what is a covered auto, and what is an insurable event.
Analysis of policy
exclusions including intentional acts, pollution, employee,
co-employee and excluded drivers.
and Other Endorsements
Review of regulatory
agency endorsements including MCS-90, BMC-91X, Form E, Form F and UIIE;
review of other endorsements and coverages including uninsured motorist
coverage, PIP, no-fault, non-trucking use, additional insured lessee and
Analysis of policy
primary/excess provisions, the effect of regulatory endorsements and state
statutes on primacy of coverage, and excess and umbrella forms.
The Insurer's Interest
Drafting of declination
letters, drafting of reservation of rights letters, late reporting, bad
The Trucking Industry Operates
Description of functions of common and contract carriers, brokers and
freight forwarders; use of leased vehicles and drivers; description of
federal and state regulations.
To Use the Paper Trail To Determine Insured's Liability
Description of bills of lading, contracts of carriage, vehicle leases,
shipping receipts, freight bills, brokerage agreements, carrier authorities
Statutes and Regulations Affect Insured's Liability
Description and analysis of federal motor carrier laws and regulations, the
Carmack Amendment, leasing regulations, contract carrier regulations,
unregulated transportation and state laws.
of Carriers and Transportation Intermediaries
Common and contract carrier liability; household goods carrier liability;
warehousemen's liability; liability for delay, consequential damages and
deceptive trade practices; measure of damages.
Goods in transit; act or default of the shipper; limitation of liability;
Common policy terms; refrigeration, locked truck and unattended vehicle
warranties; reservation of rights; presentation of claims; declination of
claims; duty to defend; late reporting; bad faith problems.
BMC-32 endorsements, state filings and MTMC certificates.
Common law liability; warehouse receipts and their terms and conditions;
liability assumed under contract, damages; reasonable care requirements.
Current trends in the use of outsource agencies for warehousing,
distribution, consolidation and processing; liability of logistic