TGS

JANUARY 6, 2025

TGS Insurance Blog Understanding the New North Carolina Minimum Auto Insurance Requirements Effective January 1, 2025 Starting January 1, 2025, North Carolina will implement new minimum auto insurance requirements, marking a significant update to the state’s financial responsibility laws.

Auto Insurance

LexisNexis

SEPTEMBER 17, 2024

State Differences Could Affect How AVs Are Insured As cars move up the SAE levels of autonomy, auto insurance companies are going to have to adjust their polices to hold automakers and software developers liable for collisions, at least under some circumstances. Over half of those states have enacted such measures.

Auto Insurance

Jackson & Jackson

NOVEMBER 16, 2024

Why it’s critical in California : Earthquakes and wildfires are common threats, making comprehensive property insurance a must for California-based businesses. Workers’ Compensation Insurance California law requires businesses with employees to have workers’ compensation insurance.

Insurance Policy

Insurance Journal

JANUARY 2, 2025

Three firefighters and a dozen passengers were injured in Florida last week when a fire truck with its lights flashing drove around rail crossing arms and into the path of a high-speed passenger train after waiting for another train to …

Workers Compensation

TGS

NOVEMBER 18, 2024

The no-fault system was designed to streamline the claims process, reduce the burden on courts, and ensure that accident victims receive compensation more quickly. Think about it—if your insurance is responsible for your expenses regardless of fault, you’re not stuck waiting for an at-fault driver’s insurance to approve or deny your claim.

Auto Insurance

Insurance Journal

JULY 23, 2024

Morgan & Morgan calls itself the nation’s largest injury law firm, with offices in most states. But perhaps the Orlando-founded firm has grown too big, too quickly, suggests a proposed class-action lawsuit that claims the firm has botched hundreds of …

Injury

Insurance Agency of Ohio

MARCH 17, 2019

With the passage of Ohio Senate Bill 255, effective March 23, 2015, Ohioans can officially use an electronic version of proof of auto insurance. The agency has been protecting their central Ohio clients with comprehensive insurance programs for over 50 years. appeared first on Insurance Agency of Ohio.

License

Freeway Insurance

NOVEMBER 24, 2024

Lets take a drive through the history of auto insurance to learn howand why car insurance has evolved over time. Horse-Drawn Wagons to Horsepower: The Inception Getting insured is such a massive part of modern life, with policies covering everything from your home to your health.

Auto Insurance

Triple-I: Workers Compensation

JULY 22, 2024

State guaranty funds make up a privately funded, nonprofit state-based national system that pays covered claims up to a state’s legally allowable limits, protecting policyholders if their insurer becomes insolvent. There are 55 such funds because some states have more than one.

Workers Compensation

Bankers Insurance

SEPTEMBER 12, 2023

Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss.

Insurance Carrier

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

Improvements in commercial property, commercial multi-peril, and workers compensation were offset by continued deterioration in commercial auto and general liability. Commercial auto expectations are worsening and continue to remain unprofitable through at least 2026,” he said.

Commercial

Triple-I: Workers Compensation

APRIL 20, 2021

While market capacity for property, commercial general liability, product liability and workers’ compensation coverage has expanded – these policies remain more expensive than the same coverage purchased by similar companies in other industries.

Risk

Jackson & Jackson

MAY 23, 2024

Navigating California’s Business Insurance Regulations Understanding State Requirements California has specific insurance requirements for businesses, including workers’ compensation insurance for most employers and commercial auto insurance for vehicles used in business activities.

Small Business Insurance

Triple-I: Business Insurance

AUGUST 11, 2022

“Social inflation” refers to the impact of litigation costs on insurers’ claim payouts, loss ratios, and, ultimately, how much policyholders pay for coverage. Kurtz said the workers’ compensation line’s multi-year run of underwriting profits is expected to continue, although margins are likely to shrink further through 2024.

Underwriting

Triple-I: Workers Compensation

APRIL 15, 2021

“Traffic volumes were lower during the early days of the pandemic, which may have given drivers a false sense of security,” said Chris Hayes, Second Vice President of Workers Compensation and Transportation, Risk Control, at Travelers.

Workers Compensation