Aug 28, 2023 | Business Insurance, Commercial Property Isurance
WITH WILDFIRES growing in number and intensity and a difficult property insurance market, businesses that own properties in wildfire-prone areas need to do all they can to protect their facilities. Hardening a building against wildfires by using defensible space,... 
Aug 20, 2023 | Business Insurance, Risk Management, Workers’ Compensation
OSHA ENCOURAGES employers to investigate all accidents in which a worker was hurt, as well as close calls — sometimes called “near misses” — in which an individual might have been injured if the circumstances had been slightly different. The agency suggests using the... 
Aug 12, 2023 | Business Insurance, Business Operations
CALIFORNIA INSURANCE Commissioner Ricardo Lara has issued an order that cuts the average advisory workers’ compensation benchmark rate across all classes by 2.6%, starting Sept. 1. The benchmark rate, also known as the pure premium rate, is a baseline that covers just... 
Aug 3, 2023 | Business Insurance, Business Operations
MANY COMPANIES contract out certain parts of their work functions to either temporary staff or independent contractors but, if someone is working for your company full time for an extended period, the question arises of when that person ought to be considered a... 
Jul 30, 2023 | Business Insurance, Business Interruption
SKYROCKETING CLAIMS costs and higher accident rates are pressuring the commercial auto insurance market. As insurers impose increasingly larger rate hikes, others have either pulled out of the market or are more restrictive about who they will cover. While rate...