State and Federal Road Trucking Laws Explained

Transporting goods via huge semi-trucks is big business, and each year billions of dollars of equipment, foodstuffs, and essential non-combustibles are transported between states and across the United States. By law, truckers are required to have liability insurance in a specified and sufficient amount as stated by the area he or she works in. This can get complicated when the driver’s routes fall under both state and federal trucking laws. The industry experts at American Team Managers Insurance Services provide additional helpful information regarding these laws.

State Trucking Laws

Across America, only nine states allow truck drivers to transport goods within the state without filing a commercial form. When the drivers move across state lines, there are often state fees to pay and various proofs of insurance to provide.

Federal Trucking Laws

Truck drivers that move across state lines must complete a federal filing for the Federal Motor Carrier Safety Administration (FMCSA). This is a comprehensive filing that includes a BMC 91 document that indicates that the driver’s company has ample liability insurance to cover the transportation of goods between states. Some forms must be submitted to the Federal Motor Carrier Safety Administration, while other forms must be attached to the driver’s insurance policy itself.
With so many trucking forms and insurances policy verification required between state and government levels, it is a good thing the FMCSA is protecting American interests. It is also a good thing the insurance companies are there to help provide the required trucking policies.

The Secret Behind Financial Bond Insurance and How It Can Protect You

Protecting your assets is a hard lesson many Americans learned during the last financial crises. As times get tough once again, many financial institutions are getting pressure from clients as they acknowledge they are constantly being bombarded by a wide range of potentially damaging exposures. Banks, credit unions, internet and investment banks, brokerage firms, and savings and loan associations all look to financial institution bond coverage for protection. Here are some ways that financial bonds can provide coverage.

The Bankers Blanket Bonds

Once known as the banker’s blanket bond, the financial bond is prepared by an insurer under which coverage can contain illegal employee acts including

Burglary
Forgery
Theft
Robbery
Intentional dishonesty

This business insurance protects you and your company from finance-related and on the job problems associated with your employees.

The Risks Have Expanded

While times have changed, the threats and risks to financial institutions have also transformed. No longer is it a simple case of watching your employees to protect yourself. Financial institution bond coverage can now also cover

Kidnapping
Computer fraud
Extortion
Counterfeiting

Protect your balance sheet with a financial institution bond. No matter how large or small your business is, a financial bond can protect you from threats by employees from inside and outside your institution. Check with your insurance provider today to see what programs they can design for your business.

Protecting Yourself from Potential Liability

The world is filled with surprises, and many circumstances are out of your control. When you are driving an automobile, you are not in control of how all of the other drivers choose to navigate on the road. As you are preparing for a life-altering surgery, you cannot determine if the surgeon will perform this procedure correctly. There are an endless amount of circumstances that involve potential liability, and you must protect yourself to ensure you are not liable for the entire cost. This is why the majority of Americans reach out to insurance risk services to defend themselves in the present and future.

Utilizing Insurance Risk Services

As it stands, it is currently illegal to drive a vehicle without automotive insurance. While this is true, if you get into a car accident, your insurance provider will help cover any new damages. However, if you did not have this insurance policy, you would be responsible for paying all of these expenses yourself. The same thought process applies to homeowners insurance or medical insurance. A mortgage lender would like for you to have this policy to make sure your house is protected. In the case of the pharmaceutical industry, the exorbitant prices on the marketplace are costs that no individual wishes to take on alone.

Two Crucial Commercial Policies Explained

If you are looking into acquiring business insurance or hoping to expand your coverage then you have likely heard about directors and officers (D&O) insurance. You may have heard about errors and omissions insurance (E&O). Upon first glance, these two policies may sound pretty similar. However, the difference between D&O and E&O insurance lies within the fine details.

Who They Cover?

As the name, directors, and officers, would suggest, D&O is built specifically for the high executives of a business. This can include corporate teams and committees. Meanwhile, errors and omissions come into play for employees, companies themselves and even subcontractors. Both policies do not protect anyone who commits an illegal activity.

What Do They Help With?

Directors and officers insurance is helpful when a higher executive is accused of misrepresentation, misuse of funds, theft of intellectual property or failure to disclose conflict of interest. Meanwhile, errors and omissions protect an employee in case they face a claim of negligent service or poor work.
These key differences make it clear that these policies are two separate entities. It is recommended that any type of business acquire both of these protections. Now that you the difference between D&O and E&O insurance, you are better prepared to build your coverage alongside a qualified insurer.

Three Tricks for Migraine Pain

When your head feels like it’s being hammered from the inside out you will take any help you can get. Migraines are the real deal, and unfortunately coping with them is unique to every person. Some simple tricks are known to relieve pain for the majority of people, though, so give one or all a try the next time you feel a migraine coming on.

Medical Marijuana

Highly concentrated products like full extract cannabis oil (FECO) and Rick Simpson Oil (RSO) are created with pain in mind. They are grown as medicines to help alleviate symptoms of chronic pain, migraines not excluded.

Caffeine

As if the coffee wasn’t a God-given creation unto itself, the caffeine in your morning cup might actually help with migraine pain. Like marijuana, caffeine reduces inflammation and can be a natural booster to over the counter painkillers like aspirin.

Hot or Cold

Depending on what feels better to you, hot or cold compresses against your noggin might ease the tension. Whichever you choose to try, hold it against your head for 15 minutes, then remove for 15 minutes. Repeat the cycle until you start to feel better.

Migraines can ruin everyday life and make for long, miserable days, but relief is possible. Try a method that works for you and feel better fast.

Understanding General Liability Insurance

If you own a business, you know how important liability coverage can be for protecting your legal responsibilities. However, before you purchase any insurance program you should be sure you understand the general liability definition and what this policy can do for you.

What General Liability Is

General liability is a comprehensive insurance policy that offers protection against claims from several parties, including employees, business owners, vendors and the public. In many cases, the state government requires businesses to have this type of insurance in order to operate legally. The policy itself can safeguard your business against the following types of claims:

Negligence
Workplace injuries
Faulty products

When you have a general liability insurance policy, you can make sure medical and legal fees are covered so you do not have to pay these costs out of pocket. In short, this insurance plan protects your business by providing coverage against claims from all possible parties and even covers the costs associated with settlements. No matter what type of business you have, this policy is good to have for added security.

Protect Your Business With General Liability

Owning a business can be risky, but having an insurance policy that protects you can provide peace of mind. The only problem is choosing the right plan, but understanding the difference between policies can make things easier. Now that you know the general liability definition, you can choose which policy is right for you.

Creating a Solid Foundation for Los Angeles Families

While most people do quite well in adapting to life’s curveballs, some look back at their past actions wishing they could have done things differently to create a potentially better outcome. Instead of learning through trial and error, it can be helpful to learn from others experiences, especially those in similar situations who have forged the path. For young families in Los Angeles, there are many things that they can do today that can lay the groundwork for a successful future. Whether it’s building credit, purchasing their first home or finding the best family insurance Los Angeles families can utilize the best local services to accomplish those goals.

Setting Things Up for Success

While some may argue that some things are better done late than never, starting certain habits early can generate even more rewards in the future. Some things to think about doing as early as possible include the following:

Avoiding debt by spending within your means

Creating a budget with savings goals in mind and sticking to it
Investing in accounts, such as a retirement plan, that can earn compound interest
Remembering that when searching for local family insurance Los Angeles agents can be a good first resource

If there is an opportunity to get started with these goals today, it can be a wise decision to do so. After all, putting in the work early on can mean a more secure future that can be more easily enjoyed.

RSO versus CBD

Having been created in 1997, Rick Simpson Oil (or RSO) is not a new product. However, with the rise in popularity of CBD oils and tinctures, RSO is garnering more attention than it has in the past. What is the difference between RSO and CBD oil?

THC Content

THC is the psychoactive chemical that gives users a high. One of CBD’s benefits is that it lacks that chemical, while RSO contains a large THC count (between 50 and 60%).

Strain

Rick Simpson himself recommends that the oil-bearing his name be made with strains of the indicia flower since so many people are sensitive to the Sativa strain. CBD can be made with either strain.

Flower

CBD, since it is so low in THC, is not made with the marijuana flower; rather, the leaves are usually what make up the medicinal properties.

Uses

The story famously goes that Rick Simpson rubbed his oil on two cancerous tumors on his arm and they vanished. Thus, the use of RSO is primarily associated with cancerous growths, while CBD is used for all-over pain.

Both valuable for their roles in the medical world, RSO and CBD each serve a purpose. The differences between the two and slight, but important enough to impact how you use them.

Everything Local Agencies Have to Offer

Whether you are moving into Albuquerque or expanding your business, you need insurance policies that won’t let you down. There are dozens of agencies and brokers to choose from in Albuquerque which can make finalizing your coverage difficult. At first glance, you may want to go with the companies with national recognition that boast offices all around the country. However, there is nothing that a large agency offers that you won’t find at a local company. Here are the types of insurance Albuquerque agents and brokers can help you with.

Commercial Lines

Local agencies are just as capable of handling large and small business as national teams. They are prepared to build packages that include the standard general liability and property coverage as well as unique lines like professional liability, cyber liability and workers’ compensation. You may even receive help with risk management and bonds. These teams are also well-versed in the world of employee benefits.

Personal Protection

These same agencies won’t leave individuals and their families adrift either. They have the skills to help anyone at any stage of their life with auto, homeowners and personal umbrella lines. You may even find you can insure other vehicles like ATV’s and snowmobiles.

The lines of insurance Albuquerque residents and business owners need are offered in the many local agencies in the area. Call one of them today to learn more about what makes them great!

Using Social Media for Your Insurance Agency

Using Social Media for Your Insurance Agency

Those working in insurance sales likely understand the competitive nature of the industry. While competitors may be able to offer similar products to the same target market, it is important to be able to have an effective strategy to stand out and appeal more to that client base. While more traditional methods of marketing might be well known to those in insurance social media marketing is a newer approach that has risen in popularity in recent years. Because of the benefits of social media, it is something that should be given considerable attention.

Social Media Benefits

Social media truly epitomizes the definition of Web 2.0. Whereas in the past, potential clients could only receive information passively, they can do even more now in real time and even interact with posters. By utilizing social media to advertise an agency’s services, the following actions are just some examples of what an agency can do on this type of platform:

Post regular updates regarding company products and promotions
Provide direct links to relevant news and company websites
Demonstrate good customer service while communicating with existing and potential clients live
Take advantage of lower advertising rates compared to other advertising methods

With all the benefits involved when it comes to selling insurance social media marketing is a valuable tool to take advantage of. Working with a marketing team that understands the ins and outs of this type of strategy can be one of the best investments for getting the word out and attracting clients.