Mexico, Brazil and South Africa are most at risk for cargo theft, FreightWatch International (USA) Inc. said Monday in a report. Total cargo thefts in Mexico increased 13% in 2011, with more than 10,000 hijackings occurring on roads and highways reaching an estimated value of losses of $9 billion, according to the Austin, Texas-based logistics security agency. 21% of all… Read More »Most Cargo Theft Risk Countries
SAN FRANCISCO-based independent insurance brokerage Paperless Insurance Services (PIS INC), Inc. has started offering business insurance products in the State of New York, PIS INC announced Thursday. PIS INC will be using their website as the marketing and underwriting base in the State if New York CFO Diana Motseniat said in her announcement. Paperless Insurance also announced that it is… Read More »Paperless Insurance Now Offers Coverage in New York
Travelers Cargo Elite® policy provides outstanding coverage for importers and exporters, including automatic “all risk”* coverage for international shipments of new merchandise – even for goods your client has never shipped before. Benefit from a policy that offers an extensive range of coverage features, streamlined reporting and the ability to issue online special policies anywhere, anytime. Cargo Elite Coverage Highlights:… Read More »Cargo Elite by Travelers – Simply the Best
Below is a small sample of some new Ocean Cargo accounts. Goods Shipped State Premium Auto Parts FL $5,000 Clothing UT $2,324 Computers & Hardware CA $2,686 Furniture NC $2,033 Machinery Parts IA $2,239 Office Equipment PA $1,968 Plumbing Supplies NC $3,383 Promotional Items IL $2,100
Very surprising news we got today from the Golden State: California led the nation in cargo thefts last year, with 247 of 747 thefts in the U.S. that were estimated at $171 million, according to a report released last week by the National Insurance Crime Bureau. Texas was the next most-targeted state for cargo thefts, with 91 in 2010. There… Read More »Make Sure to Insure Your Cargo in California
