General Liability
Understanding 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 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 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…
Read MoreTrucking Insurance – Livery Insurance: Insurance Premium Hikes Are Causing Big Disruptions In The Flow Of Trucking Business
Trucking Insurance – Livery Insurance: Premium Increase. Substantial trucking insurance costs impact the trucking company and create a financial burden for businesses already facing the downturn in freight demand. Since losses payout of $10 m or more for Insurers, brokers warn that liability policy costs have increased and will continue to increase.Last year, trucking companies reported double-digit…
Read MoreTruck Drivers – New DOT Drug Screening Impositions Making Their Way Into Trucking
Truck Drivers Drug Screening: In WASHINGTON, DC, truck drivers will soon face oral fluid monitoring for illegal substances under a new U.S. regulation. Health, and Human Services Agency the Department of Health and Human Services. Oral Fluid Specimens in Federal Drug Testing New U.S. rule mandates oral fluid drug tests for truck drivers, with…
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