Broker Insurance Frenzy: 3-Digit Cost Hikes Ahead

Freight broker insurance is in a frenzy, and premium hikes are getting ugly. Thom Albrecht helps break down how the CH Robinson verdict, underwriting pullback and cargo theft are driving double-digit to triple-digit cost increases for brokers. He also explains what’s changing in excess liability, why some underwriters are exiting the market, and what carriers and brokers should watch into peak season. If you move freight, this is a real cost story—not noise. Freight broker insurance has entered a full-blown pricing crisis, with excess liability coverage costs rising 50% to triple digits and even primary coverage climbing sharply in the double digits — all since a pair of legal shocks hit the market this spring.