Insurance Commissioner takes a decision in favour of frontline employees

January 19, 2021. (Sacramento, CA, Economic & Insurance News by Insurance Market 360 ) – In view of the ongoing impact on the frontline workforce due to Covid-19, Insurance commissioner Lara, ratified workers’ compensation average advisory pure premium rates to $1.45 for per $100 of payroll for workers’ compensation insurance. It is to be implemented […]

Excess and Umbrella Insurance Explained

Excess and umbrella liability are common terms in the general liability, commercial auto, and employer’s liability insurance industries. Because the two policy types can fit perfectly into different branches of the insurance industry, many people confused them one for another. While they are sometimes used interchangeably, a closer look at the two will clearly show […]

Workers Compensation in the United States: The Background History

Workers Compensation in the United States: The Background History  The idea of providing workers with sufficient protection as well as compensation for the injuries or illness that occurs at the workplace was first introduced at the beginning of the 20th century with the emergence of the trade union movement. The increasing awareness among the general people, […]

Why You Should Get California Contractor License

Why You Should Get California Contractor License A government-issued license is one of the basic requirements to operate as a contractor or subcontractor in the United States. In California State, the license is issued by the Department of Consumer Affairs, Contractors States License Board (CLSB). Without a license, you cannot work on any project that […]

Understanding California Contractor License Classifications

Apart from being a compulsory requirement of the law, having a contractor license increases your chances of winning a project bid in California State. Depending on your line of business, your California contractor license will be issued under any of these three business and professional code classifications: A Class, B Class, or C Class. Classification […]

What is DOT Number?

A DOT or United States Department of Transportation Number is issued by the Federal Motor Carrier Safety Administration (FMCSA). It is a unique identifier assigned to companies operating commercial transportation services, either for cargo haulage or transporting of passengers. The primary role of FMCSA is to improve highway safety for all road users. The agency […]

Wolf Administration Announces Recovery of More Than $98 Million for Pennsylvania Insurance Consumers in 2017

(Pittsburg, PA – Insurance News 360) – In 2017, the Pennsylvania Insurance Department returned $98,073,388 in stolen funds, unpaid insurance claims and refunds for premium overcharges to 33,138 customers throughout the state. “Ensuring consumers are afforded all of the rights and protections guaranteed to them by Pennsylvania law is what we work for,” said Acting […]