Broker Insurance Frenzy: 3-Digit Cost Hikes Ahead

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Freight broker insurance costs are surging by up to triple digits following legal rulings that increased liability exposure, forcing brokers to reassess coverage limits and strategies. This development is critical for developers and tech professionals as it underscores the need for robust risk management tools and processes in the logistics sector. Brokers should focus on implementing consistent, auditable, and defensible (CAD) practices to navigate the challenging insurance market.

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