Veritas Administrators

Find me on:

Recent Posts

What is Heavy Equipment Depreciation and Why Does It Matter?

by Veritas Administrators on Jun 3, 2024 12:32:46 PM

Depreciation is the total decrease in an asset’s value over time based on several key factors which include the age of the equipment and its estimated useful life. Different insurance policies handle depreciation differently and it’s...

Aftermarket Parts

by Veritas Administrators on Jul 20, 2023 1:08:14 PM

Have you ever found yourself in a position where your heavy equipment was repaired and the parts used were aftermarket? Has that label frightened you, and your first reaction is of the lost worth of your equipment due to the usage of...

When Does a Medical Only Claim Become a Lost Time Claim?

by Veritas Administrators on May 31, 2023 1:19:37 PM

Injuries are bound to happen in the workplace and cannot be prevented 100% of the time. However, it is important to understand the difference between a medical only and a lost time claim.

Salvaging Perishable Cargo

by Veritas Administrators on Apr 26, 2023 9:53:10 AM

Transporting perishable cargo requires the shipper to understand the process and regulations surrounding the cargo. Perishable cargo should be handled with particular care. If damage occurs to the cargo during transport, determining...

Specialty Equipment Appraisals

by Veritas Administrators on Mar 21, 2023 9:57:51 AM

What are they and how are they different?

Specialty equipment appraisals are unbiased assessments of the value of unique pieces of equipment, such as those used in manufacturing or farming. When involved in an accident specialty...

Negotiating and Coordinating Hazmat Recoveries

by Veritas Administrators on Jan 17, 2023 3:06:01 PM

What are Hazmat Materials?

Effective Claims Handling for Avoiding Litigation

by Veritas Administrators on Nov 22, 2022 12:57:52 PM

Handling and processing claims can be a delicate and demanding process. Add into the mix that litigation could be a factor and that process can become even more demanding. Let’s look at some strategies that can be practiced to avoid...

Avoiding Storage Costs

by Veritas Administrators on Oct 19, 2022 2:56:28 PM

Veritas is Getting a Branding Facelift!

by Veritas Administrators on Sep 15, 2022 4:01:03 PM

What is the Difference Between Hazardous and Non-Hazardous Cargo? 

by Veritas Administrators on Jul 21, 2022 3:26:26 PM