Inside the Shadow Market: 200,000+ Trucking Crashes Without Guaranty Fund Protection
Strong Bearish
-100.0
My investigation found 76 Risk Retention Groups insure nearly 30,000 motor carriers linked to more than 6,300 fatal crashes, all without state guaranty fund protection for crash victims. The findings come as reports indicate that major insurers, including Chubb and AmTrust, are exiting the Chicago trucking market, funneling high-risk carriers into RRGs that have already incurred $199 million in unpaid losses and multiple insolvencies.
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The post Inside the Shadow Market: 200,000+ Trucking Crashes Without Guaranty Fund Protection appeared first on FreightWaves.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.