Hunton Insurance Recovery Blog

For the trucking industry, heightened pressure to transport goods in a short amount of time means that any setbacks in the supply chain pose a major risk to the carrier’s assets or expose it to liability for damages. In a recent Supply Chain Brain article, Truckers: Does Your Current Insurance Program Suffice?, counsel Jorge R. Aviles and associate Jae Lynn Huckaba provide insight into the insurance coverage options available to transportation providers to protect against these supply chain risks. For example, contingent business interruption coverage mitigates lost profits resulting from an interruption of business caused by physical damage to a supplier’s property, while cyber insurance protects against the costs of digital threats, such as ransomware attacks, phishing or hacking.