cargo theft News

Chubb Adds Covert Shipment Tracking to Suite of Security Services

The Chubb Group of Insurance Companies and FreightWatch International are teaming up against record-high levels of cargo theft. FreightWatch, which reported an 8.3 percent increase in the number of cargo thefts last year, will offer Chubb transportation insurance customers a …

Markel Joins Cargo Theft and Recovery Service

Markel is now a member of CargoNet in an effort to assist policyholders in cargo theft prevention, response, and recovery. CargoNet, which provides information about supply chain risk, is a division of the Verisk Crime Analytics unit at Verisk Analytics. …

RLI Marine to Pay Activation Fee on Equipment Anti-Theft Tracking Device

RLI Corp. has announced that it will pay the theft activation fee for all of its RLI Marine policy holders who purchase and install an IRONwatch equipment tracking device serviced by the National Equipment Register (NER). This offer will help …

Cargo Theft Reporting Improves, Says Insurers’ CargoNet

Reporting of cargo theft in the United states has improved thanks to data sharing by insurers, the transportation industry and law enforcement, according to an insurance industry tracking service. CargoNet, which was formed by Verisk Analytics and the National Insurance …