Tag: commercial trucking insurance

Legal Chaos or Just Business? Georgia Insurance Company Pushes Back on $22 Million Payout

John Bowers
Georgia Insurance Payout

Georgia Insurance Carrier Refuses to Pay $22 Million Verdict A High-Stakes Collision That’s Far From Over Imagine you’re sitting on a hefty $22 million verdict awarded by a jury. Now imagine the insurer responsible for covering that claim refuses to pay more than their policy limit of $1 million. Welcome to the legal aftermath of a 2021 collision in DeKalb County, Georgia, where a truck accident left the jury awarding the multimillion-dollar judgment. Yet, the insurer, Knight Specialty Insurance Co., has drawn a line, capping their liability at the policy…

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As commercial insurance quote comparisons rise, so does the popularity of fleet coverage

Marc

The number of consumers seeking commercial insurance quotes in the European marketplace seems to be steadily increasing, and the fleet auto insurance sector is aimed toward a worth of over €18 billion in four years. Finaccord has released the results of its research which has indicated that fleet insurance is now one of the major sectors of the European insurance market, just like property insurance. Regardless of the narrow levels of growth between the years 2007 and 2011, the data produced by the research from Finaccord has indicated that there…

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