Increased Cargo Liability Insurance Coverage for the 2020 Rate Season

This is a reminder that per PP Advisory #20-0020, effective 15 May, the cargo liability coverage requirements for DP3 increase to $75,000 per shipment and $225,000 per aggregate loss/damage at any one place and time.  Please see the referenced advisory from last December.

IAM has received a couple of inquiries on this change, and therefore are resending it for everyone’s situational awareness.