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As the construction industry faces labor shortages, subcontractor defaults, unpredictable interest rates, inflation, pandemic-related hurdles, private equity involvement, and evolving project types, the need for proactive strategies becomes crucial.

The critical issue of driver speeding. Highlighting the detrimental consequences of speeding, including a significant role in 29% of traffic-related deaths in 2021, the post emphasizes the far-reaching impact on both drivers and fleet carriers.

Winter preparation is crucial for building managers and drivers alike. Building owners should inspect premises, enhance lighting, prepare for ice, and address cold weather calamities. Drivers must check tires, defrost, and maintain emergency kits for safe winter driving.

In the face of soaring insurance rates, particularly in the Gulf Coast, property owners are grappling with substantial rate hikes, prompting some to consider going without coverage. To counter this trend, brokers can explore creative solutions to keep clients covered.

Amid the Gulf Coast states' exposure to climate change-related disasters, the insurance market faces challenges, with damages from 2022 weather events totaling $165.1 billion. Brokers navigating this hard market can find opportunities by adopting creative strategies.

The Federal Motor Carrier Safety Administration (FMCSA) is considering reinstating Accident Recordkeeping Requirements, aiming to enhance safety assessments and reduce accident severity. Despite comments being accepted until October 10, 2023, industry support suggests the requirements may become a rule. To prepare, fleets can build a robust accident tracking and analysis tool.

Property insurance offers protection for a building once it's operational. A builder's risk policy insures against physical loss or damage to a building during construction.

Transporting cargo is more complex than just getting it from one location to another. Reduce your risk by implementing safety and cargo protective practices.

Today's cargo thieves have masterminded a more hands-off method of pilfering loads, and they're doing it digitally.

Finding a place for drivers to park, rest, refuel and relax is not easy, and costs time and money.