Industry Insights

ISF Enforcement Updates The trade community’s interest in ISF developments remains high. Considering the sweeping impact of this program upon brokers, importers, and others, this is no surprise. Has there been a great deal of ISF discussion over the past seven months? Yes. Have there been a many substantive changes? Not really. As a follow-up to an ISF enforcement […]

Update on Exemptions for ATA Carnet Roanoke Insurance Group confirmed that the U.S. Council for International Business (USCIB) has received a written statement from U.S. Census clarifying that during this period of Informed Compliance ATA Carnet shipments will still be exempt from the new EEI filing requirement. U.S. Census stated the following: “During this period (of Informed […]

TRIA Reauthorization and the Transportation and Logistics Industry During the last eighteen months there has been ongoing debate over the reauthorization of the government-backed Terrorism Risk Insurance Act (TRIA), which is set to expire on December 31, 2014. There have been multiple hearings during this time with the most recent taking place the week of […]

Claims Made Vs. Occurrence-Based Insurance: The Debate Continues There is a lot of chatter about whether an Occurrence trigger vs. a Claims-made trigger is better for Errors & Omissions insurance coverage.  First, let’s understand the difference. Occurrence policies respond to claims that occurred during the policy term, regardless of when they are reported.  Claims-made forms […]

Cyber Liability Risks for Transportation and Logistics Companies Data breaches and privacy issues are at the forefront of our national discussion with high-profile cyber incidents making headline news, including the attack that hit retail giant Target this past holiday season, and concern over the potential increased risk of security breaches in the already often-targeted healthcare […]

What is Errors & Omissions Insurance? As a freight forwarder, you serve as the intermediary between your clients and various transportation services. You send products from one destination to another, which often can involve many carriers (air freighters, trucking companies, rail, and ocean liners) and a laundry list of requirements and regulations throughout the entire […]