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Transportation Market Update, April 2020


As we head into the second quarter of 2020, we find ourselves faced with unprecedented circumstances resulting from the COVID-19 pandemic. Recognizing the severe impact this situation is having on various companies within the business insurance market, our primary focus has been and will continue to be on obtaining premium and cash flow relief for our clients as well as evaluating potential coverage for the financial losses resulting from this pandemic. Our first priority as an insurance broker is to support our clients in every way we can help to ensure ongoing financial health and prosperity. With this in mind, we developed this transportation market overview especially for our clients.

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Insurance products and services offered through McGriff Insurance Services, LLC, a subsidiary of TIH Insurance Holdings, LCC, are not a deposit, not FDIC insured, not guaranteed by a bank, not insured by any federal government agency and may go down in value.

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