Transportation
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 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 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…
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 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…
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