General Liability
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…
Read MoreBig 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…
Read MoreUnderstanding 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…
Read MoreAdvancements 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…
Read MorePositive 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…
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.…
Read MoreCoronavirus Impact: Trucking Declines as Diesel Prices Fall 3.1 Cents – Transportation & Livery
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…
Read MoreLivery Insurance 101: Ride Sharing Platform Uber Wins Big Ruling In Brazilian High Labor Court
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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