The Financial Conduct Authority (FCA) recently launched a comprehensive review focused on refining financial services regulations, with a primary emphasis on optimizing commercial insurance regulation in the UK. This review could significantly impact the industry by lowering regulatory expenses and
New Jersey has recently enacted a significant law mandating increased minimum liability insurance for motor carriers, marking a major shift in the state's regulatory environment for the trucking industry. Effective July 1, commercial motor vehicles weighing 26,001 pounds or more are now required to
The world of homeowners insurance can be complex and daunting, especially in areas susceptible to specific risks like Florida. Tower Hill Insurance has etched its name as a Florida-focused provider, easing some of that complexity for residents. As we move into 2024, this review aims to dissect the
The Link Between Training and Accidents #### The Inexperience Factor Extensive research, such as the pivotal MNP study, confirms that truck driver experience notably influences accident rates. Specifically, those with less than three years of driving are at a higher risk of incidents. These are not
As natural disasters become more frequent and severe, commercial property owners in disaster-prone regions face the growing challenge of skyrocketing insurance costs. Hurricanes, wildfires, and other catastrophic events have compelled the insurance industry to raise premiums substantially while
Series A Success A Rapid Sequence of Funding Rounds Coverdash, an insurtech startup based in New York, has recently garnered significant investor attention by securing a $13.5 million Series A funding round. This new capital infusion adds to its already impressive fundraising achievements, bringing
