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Assessing the damage and financial toll on insurers of Hurricane Milton

Assessing the damage and financial toll on insurers of Hurricane Milton

Before the storm began, insurance industry experts estimated losses could reach up to $100 billion for the global insurance sector. Hurricane Milton swept through Florida with strong winds, heavy rains, and several tornadoes, causing at least four deaths. The storm made landfall on October 9 in Siesta Key as a Category 3 hurricane, wreaking havoc […]

Emergency measures and preparations for Hurricane Milton in Florida

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The state of Florida continues to implement safety and security measures to receive Hurricane Milton. Florida is implementing an unprecedented mobilization of approximately 8,000 National Guard members in anticipation of Hurricane Milton’s arrival. This mobilization is complemented by the establishment of a camp at Tropicana Field in St. Petersburg, which will house 10,000 emergency response […]

Florida braces for Hurricane Milton: storm threatens supply chains

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In addition to the severe impact expected across the state, Milton is already causing serious disruptions in Florida’s freight transportation markets. The state of Florida is preparing for the arrival of Hurricane Milton, a storm that has reached Category 4, with sustained winds of 127 mph and gusts of up to 155 mph. In addition […]

Top U.S. states most affected by hurricanes

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Since 1851, only four Category 5 hurricanes have been recorded in the United States, which states have been affected? The United States is facing a 2024 hurricane season that has begun early and with intense storms, causing flooding, power outages, and losses. The National Oceanic and Atmospheric Administration (NOAA) estimates an 85% chance that this […]

In brief: California, Texas and Florida in the transportation industry

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California’s new gas reserve plan, Texas introduces QR code for trucks, and Florida’s fuel price drop California: Newsom unveils plan to prevent gas price increases On August 15, California Governor Gavin Newsom presented an innovative plan to require oil refineries to maintain a minimum fuel reserve. This measure aims to prevent supply shortages, which Newsom […]

Florida insurers bolster capital for 2024 storm season

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Despite the storm’s impact, Florida’s insurance sector has started 2024 in a stronger financial position During the 2024 tropical storm season, Florida’s insurance sector has demonstrated a notable capacity for adaptation and preparedness, aiming to protect its financial balances and provide more robust coverage. According to a report by the KBRA agency, recent regulatory reforms […]

Briefs: truckers challenge parking laws, speed limits, and safety regulations

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Truckers sue Palm Beach County, California introduce smart speed laws, Colorado in commercial vehicle bill Truckers sue Palm Beach County, Florida over parking fines in The Acreage The community of The Acreage in Palm Beach County, Florida, once a parking spot for state and interstate truckers, found itself embroiled in a dispute in February. The controversy […]

Federal decision on CDL testing in Florida

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Florida’s request aimed to alter the standard process of CDL skills testing, which was denied by the FMCSA Federal regulators have made a significant decision regarding the request from the Florida Department of Highway Safety and Motor Vehicles to be exempted from federal regulations concerning commercial truck driver license (CDL) skills testing. In the notice […]

Dispute in The Acreage: heavy trucks won’t be allowed to park

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A debate over heavy truck parking broke out in this Florida county. The Acreage, a census-designated community in Palm Beach County, Florida, finds itself in the midst of intense debate due to a recent ordinance establishing weight limits for trucks operating in the area. Previously used as parking by state and interstate truckers, the community […]

Navigating the Storm: Expert Insights into Freight and Trucking Fraud

By Bob Dilliplaine In the dynamic world of freight and trucking, the current economic climate has ushered in a challenging era marked by a significant rise in fraudulent activities. As an industry expert with years of experience, I’m here to guide you through these turbulent times, offering crucial insights and strategies to safeguard your business […]

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