diesel fuel shortage hits the Northeast | Minimum increase in insurance blocked by insurance industry, lack of data

diesel fuel shortage hits the Northeast |  Minimum increase in insurance blocked by insurance industry, lack of data

Trucking news and briefs for Friday, May 13, 2022: Truck stops report low fuel stocks Not only diesel fuel constantly setting price recordsbut low stocks of vital fuel caused occasional shortages at truck stops, particularly in the northeast. On Wednesday, Love’s sent the following message to its fleet customers: “Love’s is monitoring the fluid situation … Read more

Why Are Home Insurance Premiums Rising in Florida?

Florida homeowners insurers are dramatically raising prices and refusing to renew policies. The causes of the higher rates include weather-related risks and increased claims frequency in the region. Savings opportunities, like wind mitigation discounts, can lower your home insurance costs. Loading Something is loading. The insurance market has become increasingly volatile in the United States … Read more

How Much Auto Insurance Coverage Do You Really Need?

Purchase car insurance before driving isn’t just smart, it’s mandatory in most states. Although each state has its own standards for how much car insurance coverage you should have, there are other factors to consider. Collisions, whether they occur with another vehicle or a stationary object, can be costly. If you don’t have adequate coverage, … Read more

What are the FDIC rules for CDs?

Certificates of Deposit (CDs) operate like a savings account as a place to put a specific amount of money that will earn interest for a set period of time, often ranging from 30 days to five years. As with other bank accounts, CD money is insured up to a limit of $250,000 if the bank … Read more

How Much Auto Insurance Coverage Do You Really Need?

Purchase car insurance before driving isn’t just smart, it’s mandatory in most states. Although each state has its own standards for how much car insurance coverage you should have, there are other factors to consider. Collisions, whether they occur with another vehicle or a stationary object, can be costly. If you don’t have adequate coverage, … Read more

AM Best Confirms Energas Insurance (L) Limited Credit Ratings

SINGAPORE, May 13, 2022–(BUSINESS WIRE)–AM Best Affirmed Energas Insurance (L) Limited (Energas) (Malaysia) Financial Strength Rating of A (Excellent) and Issuer Long Term Credit Rating of “a” (Excellent). The outlook for these Credit Ratings (ratings) is stable. The ratings reflect the strength of Energas’ balance sheet, which AM Best assesses as very strong, as well … Read more

AM Best Confirms Energas Insurance (L) Limited Credit Ratings

SINGAPORE–(BUSINESS WIRE)–AM Best Affirmed Energas Insurance (L) Limited (Energas) (Malaysia) financial strength rating of A (Excellent) and long-term issuer credit rating of “a” (Excellent). The outlook for these Credit Ratings (ratings) is stable. The ratings reflect the strength of Energas’ balance sheet, which AM Best assesses as very strong, as well as its strong operating … Read more

A Key to Cyber ​​Risk Insurance Coverage

Cyberattacks are becoming increasingly sophisticated and devastating, especially for small and medium-sized enterprises (SMEs). With ransom demands on the rise and the cost of data breaches skyrocketing, companies are investing heavily in building their cyber defenses. However, cybersecurity is not bulletproof. Purchasing a cyber risk insurance program can help outsource residual risk and deploy multi-factor … Read more