Why Your Insurance Costs Keep Rising (And What You Can Actually Do About It)

For 14 straight years, commercial auto insurance has been unprofitable — and for operators, premiums keep climbing with no end in sight. In this hard-hitting episode, James Blain and Ken Lucci sit down with Tim Delaney, President of the Commercial Auto Division at Lancer Insurance (‪@lancerinsurancecompany5187‬), to unpack what’s really driving your insurance costs — and what you can do about it.

Tim explains how “nuclear verdicts,” rising medical costs, and attorney-funded lawsuits have transformed the insurance landscape, why fleet owners are paying for systemic legal abuse, and how to protect your business before a claim ever happens. In this episode, you'll learn:

• Why the legal system, not your loss runs, is inflating premiums.
• What underwriters actually look for (and how safety documentation can lower your risk).
• How to make your company defensible before an accident ever occurs.
• The real meaning of reinsurance — and how global risk pools affect your local premiums.
• Why affiliate vetting and contract structures can make or break your personal liability.

This is a must-listen for every owner and operator facing rising insurance costs and looking to stay financially viable in today’s litigious environment.

Chapters
00:00 Welcome
00:26 Background
02:01 The Myth Of Fleet Insurance
06:49 How Insurance and Re-Insurance Works
12:33 Focus on Re-Insurance
14:07 History In Livery Space
15:14 Risk Categories
18:03 Limits
20:24 Permanent Hard Insurance Market
30:51 Don't Put Your House Up
32:25 Symbol Seven Only
41:38 Will The Storm Break?
49:46 Telematics And Training
52:10 What Sets Lancer Apart From The Rest
58:04 Conclusion

Connect with Tim Delaney:   / timothy-delaney-b524a55  
Learn more about Lancer Insurance: https://www.lancerinsurance.com/

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