Mindblown: a blog about philosophy.
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Commissioner Mike Yaworsky Highlights Rating Upgrades for Several Tax Bonds — Underscoring the Market is Stable
Florida Insurance Commissioner Mike Yaworsky is affirming that Florida’s property insurance market is stable, as demonstrated by the recent rating upgrades for three Florida special tax bonds. Moody’s Ratings recently upgraded ratings for several Florida assessment-backed special tax bonds, including Florida’s Hurricane Catastrophe Fund, Citizen’s Property Insurance Corporation and the Florida Insurance Guaranty Association. TALLAHASSEE, Fla.— Florida…
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H.B. 6295 would allow counties to transfer control of county roads to townships
Michigan House Bill 6295, introduced on June 30, 2022, by Representative Jeff Yaroch, aims to amend the 1969 Public Act 296. This act governs the transfer of jurisdiction over highways and roads between various local authorities in Michigan. Specifically, H.B. 6295 would allow counties to transfer control of county roads to townships, provided there is…
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FMCSA Wins Historic Judgment Against Moving Company
Washington DC – The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) secured a historic ruling against moving companies for transporting household goods without FMCSA registration, violating federal regulations. The judgment comes as FMCSA strengthens state partnerships and takes further actions to protect consumers moving across state lines. On September 11, 2024, the…
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Staying Safe Online: Here are some important guidelines
Staying Safe Online: Here are some important guidelines that will help you protect yourself when using the internet. Thus, it is more important than ever to be careful in the digital environment and protect ourselves from various threats that exist in the network space. Some of the risks include hacking, phishing scams, and identity theft…
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Understanding Contractor Insurance: A Complete Guide for Contractors
Introduction As a contractor, protecting your business is crucial. One of the most important aspects of protecting your business is having the right contractor insurance. Whether you’re just starting or you’ve been in the business for years, understanding contractor insurance can save you from unexpected financial risks. In this article, we’ll explore what contractor insurance…
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When Do You Need A Contractor General Liability?
A contractor general liability is useful for different construction businesses. But have you ever wondered when you should get this liability? This article explains it all. Contractors in various specialties, such as masonry, carpentry, fencing, concrete, landscaping, flooring, HVAC, and electrical, are exposed to numerous general liability issues when they’re working on-site. If employees and…
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Everything You Need to Know About Insurance Filing As A Motor Carrier
Have you wanted to file your insurance as a motor carrier, as a freight forwarder, or a broker but couldn’t understand how? Then this article is what you need. Apart from applying operating authority, applicants for freight forwarder, motor carrier, and broker authorities must have specific legal processes and insurance agent documents on their files…
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What is A Performance Bond?
This article explains in detail about what is a performance bond and what are the roles of all three major parties in it. A construction job of any kind requires a performance bond. In essence, they provide an assurance that the contractor carrying out the work will honour their contractual duties to the project’s owner…
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What is A Contractor’s Liability Insurance?
A contractor’s liability insurance is a safety net for people who work in construction. It is a specialized form of insurance against different risks and liabilities that contractors face, like property damage, bodily injury, and even legal fees arising from lawsuits. This article explains it in detail. What is This Insurance About and What Does…
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Subcontractor’s Warranty Endorsement
Those who are contractors, construction companies, maintenance companies, or other companies that use subcontractors may encounter “Subcontractors’ Warranty Endorsement” on their Commercial General Liability policies. This endorsement requires contractors to obtain additional insured status on the CGL policy of their subcontractors and to make their policies secondary to their subcontractor’s. In addition, contractors may face…
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