Beyond the basics
June 1, 2004 By LP Gas
Bobtail redesign includes driver protection and convenience innovations
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Bobtail redesign includes driver protection and convenience innovations
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Anyone who has recently tried to purchase commercial insurance knows the surprise: Rates have skyrocketed. In simple terms, the commercial insurance industry is in the midst of what is called a "hard market," meaning that the traditional competition-based price-cutting used by carriers to gain new business no longer exists. Instead, the focus is on raising rates to try to rebuild sagging profits.
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When Dennis Dukes of Cornerstone Propane first heard about the Sept. 11 terrorist attacks, he abandoned a business trip and headed back to his office. Conscious of the potential threat of propane in the wrong hands, Dukes hastily drafted a memo to employees, reminding them of emergency-response plans and urging them to double-check the security of storage areas.
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