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An "exempt commercial purchaser" is defined as any person purchasing commercial insurance that, at the time of placement, meets the following requirements: (A) the person employs or retains a qualified risk manager to negotiate insurance coverage; (B) the person has paid aggregate nationwide commercial property and casualty insurance premiums ...
The company largely specializes in general liability, commercial property, commercial auto and professional liability insurance. [2] Located in Parsippany, New Jersey, Western World Insurance Group provides commercial insurance products through a nationwide network of wholesale agents and brokers within the E & S specialty lines industry. [3]
If these semi-trucks are operating within one state, they need to abide by state-equivalent motor carrier safety regulations. The intent of the regulations is to cover all persons and entities involved in operating commercial vehicles, including: drivers, hiring managers, trainers, supervisors, managers, dispatchers, other people whose action ...
A common property-carrying commercial vehicle in the United States is the tractor-trailer, also known as an "18-wheeler" or "semi".. The trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over land—typically from manufacturing plants to retail distribution centers.
Commercial insurance for vehicles owned or operated by businesses functions quite similarly to private auto insurance, except that personal use of the vehicle is not covered. Commercial insurance pricing is also usually higher than private insurance, due to the expanded types of coverage offered for commercial users. [2]
GAINSCO's insurance operation was originally chartered as an underwriter of Commercial risks; operations that were discontinued in 2002. It marketed its commercial insurance through managing general agents, using “GAINSCO” and the block super-scribed letters “GA” as its primary logo identifiers.
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