Investment Risk

Business

Data Reveals Insurance 'Hotspots': How Lax Underwriting Fuels Trucking Crashes and Public Cost

A new analysis of federal safety data exposes a stark concentration of risk: less than 1% of insurer-trucking firm relationships are linked to roughly 6% of U.S. crashes and fatalities. The findings spotlight a market failure where instant-issue policies and inadequate risk assessment allow high-risk operators onto highways, with costs ultimately borne by the public and responsible carriers.