General Insurance
The Future of Hotshot Trucking: Trends to Watch in 2025
The Future of Hotshot Trucking: Trends to Watch in 2025 The hotshot trucking industry is rapidly evolving, with exciting advancements that promise to reshape how freight is delivered. From greener vehicles to cutting-edge technology, several key trends are driving growth in 2025. Let’s explore some of the most positive developments in the industry. 1. Electric…
Read MoreBig Fleet Sell-Offs: A Golden Opportunity for Small Businesses
Big Fleet Sell-Offs: A Golden Opportunity for Small Businesses Major rental car companies are rotating their fleets. Hertz, for example, is selling off thousands of vehicles. According to CNN, the company is offering over 20,000 electric vehicles, including Teslas, Polestars, and Volvos. This presents an exciting opportunity for small businesses. These vehicles are well-maintained, late-model,…
Read MoreUnderstanding Insurance Endorsements: Additional Insured, Waiver of Subrogation, and More
Understanding Insurance Endorsements: Additional Insured, Waiver of Subrogation, and More Contractors and business owners often hear terms like “Additional Insured” or “Waiver of Subrogation.” These aren’t just buzzwords. They are specific insurance endorsements. Clients or general contractors usually request them. Understanding what they mean can protect your business and ensure contract compliance. Let’s break down…
Read MoreAdvancements in Insurance Technology: AI, Automation, and IoT
Advancements in Insurance Technology: AI, Automation, and IoT The insurance industry is experiencing a significant transformation. Artificial intelligence (AI), automation, and the Internet of Things (IoT) are reshaping underwriting processes and enhancing customer service. These technologies enable insurers to offer more personalized, efficient, and transparent services. IoT Industry Insights+6Toxigon+6Codenomad+6 AI and Automation in Underwriting AI…
Read More2025 Contractor Industry Growth Projections: What to Expect and Why It Matters
2025 Contractor Industry Growth Projections: What to Expect and Why It Matters The contractor industry continues to grow steadily in 2025. Strong demand, new technology, and government funding drive expansion. Construction Jobs and Wages Are Rising Construction employment increased by 2.4% over the past year, according to the Associated General Contractors of America. Nonresidential construction…
Read MorePositive Regulatory Developments Offer Good News for Insurance-Heavy Industries
Positive Regulatory Developments Offer Good News for Insurance-Heavy Industries Stronger Consumer Protections Are on the Horizon The National Association of Insurance Commissioners (NAIC) recently unveiled its 2025 regulatory roadmap. This plan focuses on consumer protection, industry transparency, and state-based regulation. For industries that rely heavily on insurance—such as trucking, non-emergency medical transport (NEMT), contractors, and…
Read MoreContractor’s Insurance: Essential Protection for Your Business and Employees
Contractor’sInsurance: Essential Protection for Your Business and Employees Contractor’s insurance is a type of coverage designed to protect professionals in the construction and contracting industries. It helps mitigate risks and provides financial protection when unexpected situations occur.Contractors face many potential hazards in their daily work, making insurance a crucial part of operating safely and responsibly.…
Read MoreSurety Bonds: What They Are and Why They’re Important
Surety Bonds: What They Are and Why They’re Important A surety bond is a legally binding agreement that involves three key parties: the principal, the obligee, and the surety. The principal is the business or individual purchasing the bond and committing to fulfilling an obligation. The obligee is the party requiring the bond, often a…
Read MoreCar Insurance: Tips to Avoid Accidents and Keep Your Rates Low with Saberlines Insurance
Car Insurance: Tips to Avoid Accidents and Keep Your Rates Low with Saberlines Insurance At Saberlines Insurance, we understand how important it is to keep your car safe on the road. Not only does this protect your well-being, but it also helps keep your insurance premiums low. Avoiding accidents reduces the risk for insurance companies,…
Read MoreBusiness Insurance: Pandemic-Related Coverage and California Business Interruption During COVID-19
BUSINESS INSURANCE: California Business Interruption/Loss Of Income Insurance During COVID-19 Business Interruption Plans and Pandemic Exclusions Normal business interruption plans do not cover losses from contagious diseases like COVID-19 or pandemics. These plans were not designed to address pandemic-related coverage, according to a report sent by major insurance organizations to California’s congressional delegation on Thursday.…
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