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About CAB

CAB LogoFor over 70 years, Central Analysis Bureau, Inc. has been an important part of the underwriting plan for the commercial auto and inland marine insurance industry. With its unique understanding of all aspects of the trucking industry, CAB has developed a proprietary rating system which, based on a series of specific ratios and equations, is utilized to analyze a motor carrier’s financial records to determine the financial strength of that carrier. For years, the name CAB has been synonymous with financial analysis, and an acceptable CAB rating is a prerequisite for many underwriters.

 
Upcoming Training Webinars and Archived Video Sessions E-mail

Training sessions are open to all CAB subscribers. Please click on any of the upcoming training sessions below to register for the session. To view an archive video you need to have a CAB Subscriber account and be logged in.

CAB Basic Training:
  • Tuesday March 17 2:00PM - 3:00PM EDT
    • This is a CAB training on the use of the newest features of the CAB website and CAB Report. This will include an overview of our new features as well as a refresher of the features and navigation of the CAB website.
CAB Focus Training:

Vehicles in the CAB Report and VITAL
  • Thursday March 19 2:00PM - 2:30PM EDT
    • This session will review the power of CAB to understand all of the many different tools to research and understand power units and trailers. We will cover all of the features, functionality and information available in CAB concerning power units and trailers.
Trends and Analysis in the CAB Report
  • Archive video
    • This will be a focus session to review the different trends and analysis in the CAB Report and how using that information can help you make better decisions.
Scores and Ratings in the CAB Report
  • Archive video
    • This session will take a closer look at all of the scores and ratings in the CAB Report and where they come from. Understanding how CAB doesn't rate carriers, rather can help you make better decisions.
New Features of the CAB Report
  • Archive video
    • A look at new features recently implemented on the CAB Report.
The Inspections and Accidents Details Page
  • Archive video
    • A closer look at the wealth of information available on this page of the CAB Report.
Shared Vehicles
  • Archive video
    • Understanding the Shared Vehicle Report and the other tools at CAB that can be used to understand if other entities are using the same equipment.  This session will be valuable for underwriters, loss control/risk improvement as well as claims adjustors.
Chameleon Carriers and interrelated entities.
  • Archive video
    • Understanding Chameleon Carriers and interrelated entities. Using CAB to identify and recognize relationships.

Carrier Search

  • Archive video
    • Understanding all of the features of the Carrier Search Page: Quick Preview, Workspace, Icons and Scheduled Reports.

 CAB Account Settings

  • Archive video
    • Did you know that you can customize what sections of the CAB Report you can see and set defaults for different sections of the report?  This brief session will cover all of the customizable features.

 CAB Financial Rating

  • Archive video
    • The CAB Financial Rating is CAB’s oldest and very specialized product.  In this session we will have Mark Schweber, Director of the Financial Analysis provide an overview of the information and features of this unique service offered exclusively by CAB.

VITAL

  • Archive video
    • VITAL is a very powerful tool that can be used for a variety of different purposes.  This session will last just a little bit longer than most of our focus sessions as we will go through all of the features of VITAL and will cover some suggested uses for VITAL for all types of users.

 Alerts

  • Archive video
    • There are a variety of different alerts that can be generated for any motor carrier. This session will focus on all of the different types of alerts that may be generated and what they mean.

Radius of Operations

  • Archive video
    • Mapping out the radius of operations of a motor carrier is one of the most beneficial features of the CAB Report.  This short session will cover the radius map and all of it’s features and functionality
Using CAB for Claims (presented by Jean Gardner)

Understanding the Built-In Features of the Subscriber Site

  • Archive video
    • This session takes a closer look at all of the built-in features of the Subscriber Site.  Examples include the Workspace, Scheduled Reports, Excel downloads, instant emails and other customization options.

CAB Product Information (these are informational sessions):

Agent Advantage Program

    • Making the most of an CAB Agent Advantage subscription.  For information about becoming an Agent Advantage subscriber email Mark Schweber or call him at 212.244.6575 x 207.

SALEs

  • Archive video
    • SALEs is the newest tool introduced by CAB.  SALEs is an online list of motor carriers that can be used for generating potentials or leads.  This service is included for company use only for all of our insurance company subscribers.  It can be purchased separately for retail agents, brokers and MGA’s interested in pulling leads lists.  This session will include the basics of how to use the site and well as tips for all user types.

 
Volume 18, Edition 1 PDF Print E-mail
Bits & Pieces
Wednesday, 28 January 2015 09:02

Dead of winter – here we are again already a month into 2015 – how did that happen?  Time flies quicker and quicker these days. There clearly is not enough time to get everything done.  We will continue to keep it short and to the point as we know your time is valuable.  This month we report:

CAB FINANCIAL RATINGS – The breakdown of the percentages of the financial rating assigned to carriers in 2014, along with prior years it available here.  While the percentage of carriers rated SATISFACTORY or FAIR increased, so did the percentage of carriers rated POOR or UNSATISFACTORY. Expected continued economic growth and lower fuel prices are considered likely to make 2015 a good year for the trucking industry but as our ratings distribution shows even in a good year a large percentage of trucking companies have financial weaknesses so it is always important to monitor the financial condition of insureds and prospective insureds.

CRASH INDICATOR REPORT - The FMCSA released a study on crash indicators this month.  The study examined (1) whether Police Accident Reports provide sufficient, consistent, and reliable information to support crash weighting determinations, (2) whether a crash weighting determination process would offer an even stronger predictor of carrier crash risk than the current assessment method, and (3) how the agency might reasonably manage and support a process for making crash weighting determinations, including the acceptance of public input.  Independent research has demonstrated that a motor carrier’s involvement in a crash, regardless of their role in the crash, is a strong indicator of their future crash risk. According to the FMCSA changing the crash weights based on a motor carrier’s role in the crash did not appear to improve the ability to predict future crash rates when all crashes are considered.  There also was concern about the reliability of using Police Accident Reports to make this determination.  The study pointed out that implementing a crash weighting effort on a national scale would require a method for uniformly acquiring final Police Accident Reports, a process and system for uniform analysis, and a method for receiving and analyzing public input.   The report to Congress can be viewed here.