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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 and Hybrid Trucks: The Road to Sustainability As environmental concerns…

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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, and priced to move. Discounted Vehicles, High Value Smart…

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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 these important endorsements. Additional Insured An Additional Insured is a…

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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 algorithms analyze vast amounts of data to assess…

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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 small businesses—this news is encouraging for policy holders. Clearer…

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Surety 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…

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Business Insurance: Pandemic-Related Coverage and California Business Interruption During COVID-19

Saberlines Insurance Services

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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Coronavirus Impact: Trucking Declines as Diesel Prices Fall 3.1 Cents – Transportation & Livery

Saberlines Insurance Services

China And Coronavirus Hurts Trucking, Decreases Cost Of Diesel In US Diesel Prices Drop Amid Coronavirus Impact on the Economy The coronavirus pandemic has had a significant impact on various industries worldwide, including the trucking industry. According to the Energy Department’s report released on March 2, the average U.S. diesel retail price fell by 3.1…

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Livery Insurance 101: Ride Sharing Platform Uber Wins Big Ruling In Brazilian High Labor Court

Saberlines Insurance Services

Livery Insurance – Ride Sharing Insurance- Drivers Status The Brazilian High Labor Court ruled Wednesday that no work arrangement exists between Uber and its Sao Paulo drivers. This is major news in the industry for livery insurance. Brasilia’s Federal judge ruled that Uber drivers are able to disconnect from the app at any time and hold a…

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