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
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
Motorcyclists come in all shapes, sizes, and tribes, but if there’s one thing we all agree on, it’s that we hate paying high prices for motorcycle insurance. Of course, we reluctantly accept the importance of being properly insured, but the less we have to pay, the better. Traditional insurance plans charge a flat fee that … Read more
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
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
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
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
Personal auto claims from U.S. insurers rose sharply year-over-year in the first quarter as frequency and severity continued to increase for some public companies A number of public insurers reported double-digit increases in their loss and claims expense ratios within the private auto class in the first three months of 2022, according to an S&P … Read more
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
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
