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Car Accident Rates Are On the Rise Again

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The Covid-19 pandemic was undeniably an extremely unfortunate time for the entire world. However, early research has already indicated that the pandemic may have had some effects that were arguably positive. While these effects likely can’t make up for the negative impacts of the pandemic, they are deserving of study.

For example, people were driving far less often during the pandemic. This naturally had a positive impact on pollution levels throughout the globe. It also appears to have resulted in a decrease in motor vehicle accidents.

Sadly, it appears that trend is reversing. Now that the pandemic is ending and more people are driving often when compared to 2020, car accident rates are once again on the rise.

The fact that there are more cars on the road again is the main factor accounting for this reversal. That said, other factors may also be impacting a rise in car accident frequency.

For example, because people were driving significantly less during the pandemic than they typically would have during a normal year, their skills behind the wheel may have diminished. Returning to busy highway driving after not driving very much at all for almost an entire year can naturally be difficult for some. It’s possible this factor is also contributing to an increase in car accident rates.

An increase in car accident rates can have potential economic impacts for a variety of reasons as well. For instance, insurance companies are taking a greater financial hit than usual due to the rise in accidents. Additionally, many companies are responding to high insurance rates by purchasing less insurance than they may need, which could lead to financial ruin if their drivers are involved in numerous accidents for which they do not have coverage.

It’s important that everyone from the owners of large organizations to individual drivers take essential steps to guard against motor vehicle accidents. This involves more than simply practicing safe driving habits. 

The steps one can take to help curb this alarming trend will depend on who they are and what degree of power they have. For example, the owners of companies who rely on drivers must ensure they enforce hiring policies that minimize their chances of hiring drivers who are unqualified for their jobs. They must also provide effective and thorough training.

On the other hand, the parent of a child just learning how to drive must provide them with clear and accurate instruction. If they’re unable to do so for any reason, they should strongly consider purchasing driving lessons for their child.

All that said, it’s also wise for drivers to familiarize themselves with the steps they should take in the event that they ever are involved in an accident. Drivers should understand the insurance laws in their state, know whether they can hire a personal injury attorney in the aftermath of an accident, and more. It may not be pleasant to imagine being involved in a motor vehicle accident, but because they are on the rise, drivers must prepare accordingly.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

Derik Fay: The Quiet Power Broker Who Scales Empires and Empowers Generations

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At 46 years old and standing at an impressive 6’1″, Derik Fay is more than an entrepreneur—he is the architect behind a network of thriving businesses and a digital mentor for thousands. His journey from a single neighborhood gym in Florida to holding stakes in over 40 companies spans decades of strategic vision, discipline, and authenticity.

From Modest Beginnings to a Marketplace Maven

Born on November 19, 1978, in Westerly, Rhode Island, Fay’s early environment offered little in the way of nepotism or crutches—but plenty of lessons. He dropped out of college after just one semester and embraced the grind. At just 22, with lean resources and fierce determination, he launched his first gym. That venture would eventually grow into Florida’s most successful independently owned fitness chain before being acquired by a publicly traded company.

This early win became the foundation for 3F Management, the private equity firm Fay launched post-exit. Today, 3F powers brands across sectors—from fintech and residential infrastructure to combat sports, entertainment, and beauty—each elevated through Fay’s hands-on approach to ownership and operational excellence.

Visibility as Strategic Leverage

Fay’s ascent into public consciousness was not staged. He built his online presence—now over 1.4 million followers strong—through honest, unfiltered takes on business, failure, leadership, and growth. His content resonates because it isn’t rehearsed; it’s earned. Followers tune in not for spectacle but for insight, often quoting “He doesn’t just invest—he builds your belief,” reflecting Fay’s authentic support.

Building Brands, Restoring Hope

Among his notable ventures is Bare Knuckle Fighting Championship (BKFC)—a testament to his willingness to enter unorthodox sectors with strategic clarity. In other less obvious arenas, Fay reinvigorated a faltering beauty company by pairing it with Hollywood cachet and narrative-driven marketing. In another case, an AI startup saw its valuation ascend tenfold in under a year after Fay contributed not only capital but also storytelling structure and vision.

Estimated Net Worth & Long-Term Vision

Although Fay maintains a discrete public profile, credible industry estimates place his net worth somewhere between $100 million and $250 million. This valuation comes from his diverse equity stakes, successful exits, real estate investments, and his firm’s consistent growth and reinvestment cycle.

Personal Life Anchored in Legacy

Off-screen, Fay is a devoted partner to Shandra Phillips (since 2021) and a hands-on father to two daughters: Sophia Elena Fay and Isabella Roslyn Fay. He’s more than a mogul—he’s a mentor. An embodiment of “If I can do it, anyone can,” his presence in DMs or quick coaching call is not rare, but intentional.

Rerouting the Model of Modern Wealth

Unlike today’s entrepreneurs who prioritize visibility and virality, Fay applies visibility as a lever—not an objective. He quietly scales, confident that his systems and culture will outlive the trends. He mentors, not performatively, but tangibly. For him, success isn’t a moment—it’s a long-term ecosystem amplified through structure, not spotlight.

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