Small Business Insurance
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 MoreTrucking Insurance in San Bernardino and Riverside: Navigating Growth and Compliance
Trucking Insurance in the Inland Empire: Navigating Growth and Compliance The Inland Empire, encompassing Riverside and San Bernardino counties, is experiencing significant economic expansion. Projections indicate the region’s population will grow by over 20% in the next 25 years, adding residents equivalent to the current populations of Riverside, Moreno Valley, Fontana, and San Bernardino combined. …
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 MoreThe Role of Telematics in Transforming Trucking 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…
Read MoreHow NEMT Brokers Can Help You Connect with Clients
How 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…
Read MoreThe Future of NEMT Billing Software: Streamlining Payments and Reimbursements in 2025
The 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,…
Read MoreImpact of 2025 Tariffs on Trucking and Commercial Auto Insurance
Impact 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…
Read MoreFinding NEMT Gigs in California: Capitalizing on Growth Opportunities
Finding NEMT Gigs in California: Capitalizing on Growth Opportunities The Non-Emergency Medical Transportation (NEMT) market in California is expanding rapidly. By 2030, the market is projected to reach $13.87 billion, growing at a 7.05% compound annual growth rate (CAGR) through 2025. This presents substantial opportunities for NEMT providers. To secure consistent gigs in California, you…
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