Insurance
The Role of Telematics in Transforming Trucking Insurance
Telematics technology is reshaping the landscape of trucking insurance. By using real-time data from vehicles, insurers can assess risk with greater precision. This shift is unlocking new possibilities for both insurance providers and fleet operators. Real-Time Monitoring of Vehicle Performance and Driver Behavior Telematics systems collect data on various aspects of a truck’s performance. This…
Read MoreHow NEMT Brokers Can Help You Connect with Clients
In the Non-Emergency Medical Transportation (NEMT) industry, brokers are vital intermediaries that connect transportation providers with clients in need. By signing up with brokers, you can grow your business and diversify your service offerings. Here’s how to get started and expand your reach. Research Brokers in Your Area To begin, research NEMT brokers in your…
Read MoreThe Future of NEMT Billing Software: Streamlining Payments and Reimbursements in 2025
Non-Emergency Medical Transportation (NEMT) is essential for patients requiring transportation to medical appointments. As the demand for NEMT services grows, managing payments and ensuring timely reimbursements becomes increasingly complex. In 2025, technological advancements in billing software are helping NEMT providers streamline these processes, leading to better efficiency and improved service quality. The Importance of NEMT…
Read MoreImpact of 2025 Tariffs on Trucking and Commercial Auto Insurance
In March 2025, President Donald Trump imposed 25% tariffs on imports from Canada and Mexico. These tariffs significantly affect trucking and commercial auto insurance sectors. AllCom Insurance+1Claimsmate+1 Increased Vehicle and Repair Costs The policy will raise prices of new vehicles and auto parts. Analysts predict new car costs could rise by $5,000 to $15,000.This increase…
Read MoreUnderstand the Trucking Industry – Step 1 to Starting a Trucking Business
Step 1: Understand the Trucking Industry Before starting a trucking business, it’s essential to understand the trucking industry’s dynamics. This knowledge will guide you as you build your business and help you make informed decisions. Here’s a breakdown of why understanding the industry is so important. Know the Industry’s Size and Growth Potential The U.S.…
Read MoreHow to Start a Trucking Business
How to Start a Trucking Business: Key Steps and Permits You Need for Success Starting a trucking business can be a rewarding venture. The trucking industry is growing, and the demand for freight transportation is expected to rise in the coming years. With the right approach, including ensuring your drivers have the necessary CDL (Commercial…
Read MoreHigher Pay and Benefits to Address the Growing Demand for Labor in the Trucking Industry
The trucking industry faces ongoing labor market challenges, particularly the shortage of qualified drivers. This shortage is driven by increasing retirements and a lack of younger recruits. In response, fleets are offering more competitive pay, improving work-life balance, and investing in new technology training. These strategies aim to attract and retain drivers, ensuring the continued…
Read MoreNew Workers’ Compensation Insurance Requirement for Contractors in California
New Workers’ Compensation Insurance Requirement for Contractors in California Effective January 1, 2025, California has implemented a new mandate for all licensed contractors. This includes contractors in fields like concrete (C-8), HVAC (C-20), and tree services (D-49). Under this new regulation, all contractors must obtain and maintain workers’ compensation insurance, even if they have…
Read MoreNevada’s Freight Industry Set for Explosive Growth
Nevada’s Freight Industry Set for Explosive Growth The freight industry in Nevada is gearing up for massive expansion over the next few decades. Projections show that freight moved by trucks will increase significantly. From 2022 to 2050, freight movement in Nevada is expected to rise by 55% in weight and 97% in value, based on…
Read MoreWorkers Compensation Insurance Trends in California and Texas
Workers’ Compensation Insurance Trends in California and Texas In March 2025, two important changes are set to impact the workers’ compensation insurance landscape in California and Texas. These developments reflect shifting priorities in workplace safety and employee protection, offering both challenges and opportunities for employers. Let’s take a closer look at what these changes mean…
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