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The National Safety Council(NSC) recognizes April as Distracted Driving Awareness Month. They estimate that 4,000 deaths and 276,000 injuries occur yearly because of distracted driving crashes. Additionally, distracted driving is the cause of 10% of all fatal crashes. Many of these accidents and fatalities are attributed to drivers engaging in risky behavior such as cell phone use, eating/drinking, reaching for an object, talking to a passenger or reading GPS. Not wearing seatbelts, speeding and use of alcohol makes these accidents much worse. Additionally, the stressors of the pandemic, returning to work, and other social factors have increased the cognitive distraction […]
The liability landscape for the trade and transportation industry is changing. Carrier accidents on the road resulting in bodily injury and property damage (BIPD) claims pose a real financial threat to brokers, forwarders, and other transportation intermediaries. Recently, the number of large trucks involved in fatal crashes and the resulting jury awards have skyrocketed. Inconsistent application of the law has put the burden of these “nuclear verdicts” on not just the carriers but also the broker-forwarders responsible for hiring the carriers. This volatile litigation landscape and the rise in “nuclear verdicts” has specifically led to two related issues for transportation […]
Written by Amanda Barlow and featured in FORWARD Magazine Cyber risk is one of the most challenging systemic risks for small to medium sized enterprises, including the freight-forwarding sector. How ready companies are to recover from a cyberattack depends on their cyber resiliency and response services. Amanda Barlow, regional vice president at Roanoke, defines the cyber landscape for air forwarders and provides tips for getting your company “cyber-resiliency ready”. Read the entire article on page 28 in FORWARD Magazine: https://emflipbooks.com/flipbooks/AfA/FORWARD/Fall2022/ Contact us to learn more about our cyber insurance solutions.
Roanoke Insurance Group is delighted to once again sponsor a $5,000 scholarship to students intending to join the trade industry. The National Customs Broker and Forwarder Association of America (NCBFAA) offers this $5,000 scholarship award yearly and will be presented to the winner at the NCBFAA annual conference in April 2023. The topic for this year’s scholarship will be “U.S. Trade Embargoes – Are They Effective Tools to Promote Change?” This $5,000 Scholarship Award is available to any employee (or an employee’s child) of an NCBFAA Regular member. High school seniors or undergraduate students at an accredited college or university, […]
Increased Prices of Fuel, Agricultural Products, and Other Goods are Leading to Increased Theft In partnership with Roanoke, BSI’s Global Intelligence Analysts have provided a high-level outlook on the top supply chain risks expected in upcoming months, based on data and trends from the first three quarters of 2022. BSI’s data shows that thieves globally are increasingly targeting agricultural products, employee belongings, and automotive parts. This is partially due to increased food insecurity worldwide, and inflation driving up the prices of goods like agricultural products and fuel. The combination of these two factors makes these goods more lucrative to steal. […]
Arguably no phrase has dominated the tech world the last 24 months more than the term “data breach.” From breaches that have impacted critical infrastructure like the Colonial Pipeline to ransomware attacks on CMA and CGM, the last two years have been saturated by headlines of cybersecurity mishaps. Yet, despite the prevalence of the breach-centric news cycle, many people may not know what exactly data breaches are, how they typically start, and why they occur. According to IBM, the average time it takes to identify that a breach has occurred is 287 days, with the average time to contain a […]