Insurers refuse to cover cargo trucks amid rise in looting
Posted On: Jul. 26, 2019 6:11 AM CSTPalesa Phili, chief executive of the Durban Chamber of Commerce and Industry, said that South African insurers are refusing to cover cargo trucks due to a rise in looting and violence along several highways, IOL.co.za reported. Ms. Phili said that shippers are facing extra costs related to security measures such as hiring armed security escorts.