Tag: insurance

Factors affecting commercial vehicle insurance rates

Learn about the issues that could impact your commercial vehicle insurance rates. When purchasing insurance for commercial trucks, insurers consider factors such as experienced employees, well-maintained vehicles, safety, and good credit history. If you have drivers with clean records and follow safety regulations, you may qualify for lower premiums. Additionally, proper truck maintenance, the type […]

Severe weather alert for Midwest truckers as 400,000+ customers lose power

Dangerous conditions impact trucking operations. More than 400,000 customers across the Midwest were left without power 7:47am CDT #SPC Day1 Outlook Enhanced Risk: across much of the lower/mid Mississippi Valley into the Ohio Valley and southern Great Lakes https://t.co/TgJgC6cj9Y pic.twitter.com/OnVtXWT4GC — NWS Storm Prediction Center (@NWSSPC) March 30, 2025 More than 400,000 customers across the […]

Seven crazy claims to insurance companies: from thieving monkeys to a cell phone that disappeared inside a cow

Between calls, claims appear that are difficult to believe. The most unusual stories. inconveniences and accidents? Do you think it’s only something for psychologists or emergency services? The hundreds of employees who work in insurance companies know very well that, for a large part of their day, they will have to assist dozens of people […]

Navigating the aftermath of a truck accident

Understanding the actions to take after an accident, as well as knowing your rights, is essential for every driver. Truck accidents are an unfortunate reality in the industry. These incidents can involve property damage, injuries, and in the worst cases, fatalities. That is why understanding the actions to take after an accident, as well as […]

FMCSA updates Crash Preventability Program with new accident types

FMCSA proposed modifications to some of the 16 existing crash types and the addition of four new types to enhance preventive measures. The Federal Motor Carrier Safety Administration (FMCSA) continues to update its Crash Preventability Determination Program (CPDP), a key initiative launched in 2020 that allows carriers and drivers to report accidents to determine if […]

6 notorious insurance fraud cases and how they failed

Over the years, there have been numerous cases of fraud that not only affect the sector, but also shock everyone who hears about them. Insurance fraud remains a widespread issue in the United States, causing billions of dollars in annual losses for companies, insurers, and consumers. According to Forbes Advisor, it is estimated that $308.6 […]

How regulations drive truck accident insurance claims

Violations of transportation regulations are a crucial factor in determining responsibility for accidents. The Federal Motor Carrier Safety Administration (FMCSA) is responsible for overseeing the transportation system in the United States, which relies on strict regulations designed to ensure road safety. These rules cover crucial aspects such as driver qualifications, hours of service, and vehicle […]

Assessing the damage and financial toll on insurers of Hurricane Milton

Before the storm began, insurance industry experts estimated losses could reach up to $100 billion for the global insurance sector. Hurricane Milton swept through Florida with strong winds, heavy rains, and several tornadoes, causing at least four deaths. The storm made landfall on October 9 in Siesta Key as a Category 3 hurricane, wreaking havoc […]

Emergency measures and preparations for Hurricane Milton in Florida

The state of Florida continues to implement safety and security measures to receive Hurricane Milton. Florida is implementing an unprecedented mobilization of approximately 8,000 National Guard members in anticipation of Hurricane Milton’s arrival. This mobilization is complemented by the establishment of a camp at Tropicana Field in St. Petersburg, which will house 10,000 emergency response […]

States with high uninsured drivers and the importance of uninsured motorist coverage

In some U.S. states more than 20% of drivers are uninsured. According to Forbes Advisor statistics, in several U.S. states, more than 20% of drivers are uninsured. For this reason, some states require car owners to have uninsured motorist coverage (UM). This coverage provides additional protection by covering medical expenses if you or your passengers […]