Oil-field workers who bomb around in pickups across hundreds of miles of countryside every work week cut speeding and hard braking in half once their boss started monitoring their driving habits and scoring their skills. Researchers for the Virginia Tech …
Earlier this year, Fitch Ratings reported that the commercial auto insurance market suffered its fifth consecutive year of underwriting losses in 2015. The commercial auto combined ratio averaged 106 percent from 2011-2015, Fitch reported. According to James Auden, managing director …
There’s no doubt that new advancements in the practice of hydraulic fracturing, or fracking, are driving the current production boom in the oil patch. The technique, which is used to retrieve oil and gas reservoirs that previously were inaccessible via …