Live Insurance News

Contractor’s Armor: The Ultimate Insurance Guide for Government Contractors

June 23, 2023 Guest Author

In the vast realm of government operations, the federal workforce relies on the expertise and capabilities of external companies known as government contractors to fulfill its diverse needs. These contractors, like behind-the-scenes enterprises, tackle specific tasks across vital sectors such as defense, infrastructure, and technology. However, as they undertake massive and intricate projects, it’s crucial for them to mitigate risks and protect their businesses. With the federal government allocating a staggering $637 billion to contracts in Fiscal Year 2021, insurance coverage emerges as a critical aspect of risk management for…

How Can a Lawyer Help You If You’re Out of Town?

March 16, 2022 Guest Author

What can you do if you are out of town and get into legal trouble? The answer is simple: call a lawyer. Even if you are not in your home state, lawyers like a criminal attorney in Tampa can help you. This blog post will discuss how a lawyer can help you if you are out of town. We will also talk about the different types of lawyers who can assist you and do for you. So whether you are on vacation and get arrested or need some legal advice, don’t…

What to Do If You Get In an Accident

December 15, 2013April 19, 2014 Guest Author

What to Do If You Get In an Accident Being involved in a car accident is very scary, especially if you don’t know what to do or expect. Knowing what to do will help you better deal with the unexpected chaos that can happen at the scene of an accident. The following tips can make a world of difference in protecting yourself, your rights, and any passengers who were involved in the accident. Things to Do at the Scene of an Accident You’ve just been in an accident. What do…

New report shows cost of workers’ compensation dropped during global economic crisis

August 19, 2011 Julie Campbell

In 2009, at the start of the global economic crisis, there was a decrease of 4.4 percent in the number of employees who had workers’ compensation coverage. According to a National Academy of Social Insurance report, this drop was the largest in twenty years. The result was that the cost to employers for providing the benefits decreased by 7.6 percent, reaching $73.9 billion that year; which is the most recent year with complete data. This drop closely mirrors the overall decline in employment in the country. According to the chair…

Insurance companies hesitant to insure motorcycle taxis

October 2, 2010April 11, 2021 H. Cutner

Insurers are not providing new products for motorcycle taxi owners. This is because of the increasing number of accidents. Last month, the government required that all motorcycle taxis have to be insured, the riders must wear helmets, drivers must have a valid license and standard fare rates are a necessity. Despite the new reforms, insurance companies have excluded motorcycle coverage. Insurers say it is because there has been a high loss ratio regarding theft and accidents. The losses are significantly higher than it is for private vehicles. According to the…