Annual Meetings-Transporting Temperature-Sensitive Commodities Trucking, loss control, and risk management - Russell Crooks, Vice President, Marine Chubb

Transporting Temperature-Sensitive Commodities Trucking, loss control, and risk management - Russell Crooks, Vice President, Marine Chubb

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Pdf Summary

The document discusses the risks and responsibilities associated with temperature-sensitive transportation, particularly in compliance with the Food Safety Modernization Act (FSMA). The FSMA requires adherence to specific practices to ensure food is not transported under conditions that may render it adulterated. The responsibilities of both shippers and transporters are outlined in detail, including temperature control, cleanliness, certification of temperatures, training, and data retention. The document also introduces the concept of 'Seven C's of Underwriting Temperature Sensitive Risks', highlighting key factors like control, cash flow, cargo considerations, contracts, and continent factors.<br /><br />Furthermore, the text provides comparisons between two transportation companies, ABC Transportation, Inc., and XYZ Refrigerated, Inc., detailing their fleet, operations, maintenance practices, financial stability, and insurance coverage. Underwriting lessons from real-life claims scenarios are also examined, emphasizing the importance of clear communication, proper documentation of temperature requirements, and meticulous handling of temperature-sensitive shipments to prevent losses and ensure compliance with regulations.<br /><br />Overall, the document serves as a comprehensive guide for those involved in temperature-sensitive transportation, offering insights into best practices, regulatory requirements, underwriting considerations, and real-world examples of claims management in the industry.

Asset Caption

Presented by : Russell Crooks, Vice President, Marine Chubb

Keywords

temperature-sensitive transportation

Food Safety Modernization Act

FSMA compliance

shippers responsibilities

transporters responsibilities

Seven C's of Underwriting Temperature Sensitive Risks

ABC Transportation Inc.

XYZ Refrigerated Inc.

underwriting lessons

claims management