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Showing posts from February, 2022
In 2020 the world leaders in the insurance industry held a meeting to discuss the pandemic and the application of Form CG2132. What is Form CG2132? Simply put, shortly after SARs a clause was born, Form CG2132. It spread like a virus sliently and slowly infecting policies around the globe till now - and why the clause had been given life. SARs had cost the insurers a lot money, they took beating after beating in the courts trying to deny policies. They lost so much money it could never be allowed to happen again. Ever. So these leaders and their industry have a lot in common with the Los Vegas gambling industry. They prefer the odds always favor the house and the clause does favor the house. Which brings us back to The Clause.The Clause is a rock solid exclusion in the event of a pandemic in most case. seems some of their wealthier clients had been warned about the clause and vaccinated their money with special exception to the exclusion that protects them from the "clause.&qu

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2021: Supply chain stalled by 72,000 truckers who failed strict drug tests. https://www.ibtimes.com.au/72000-failed-drug-tests-cause-massive-truck-driver-shortage-1766336 2021: A wholesaler CEO says he's having to turn down truckers in the labor shortage because they can't pass drug tests. https://www.businessinsider.com/trucker-shortage-ceo-cant-hire-driversdrug-tests-labor-shortage-2021-11 Drug and alcohol violations in 2021 outpacing 2020 numbers through first quarter The Federal Motor Carrier Safety Administration’s (FMCSA) Drug and Alcohol Clearinghouse has now been in effect for a year and a half, and through the first quarter of 2021, drug and alcohol violations are on pace to be higher than in 2020, according to data from FMCSA available through March. As of April 1, there were more than 2.1 million users registered in the Clearinghouse, including truck drivers, fleet representatives, consortia/third-party administrators (C/TPAs), medical review officers (M