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Many Small Businesses Can’t Detect Claim Fraud

Many Small Businesses Can’t Detect Claim Fraud

Aug 11, 2024 | Business Insurance, Business Operations

Fraud eats away at workers’ comp costs for all businesses, but it hits small firms the hardest as they may not have the resources to identify bogus claims. According to a new study by workers’ comp insurer Employers Holdings Inc., about 20% of small-business owners...
Protecting Your Crop from Wildfires, Smoke

Protecting Your Crop from Wildfires, Smoke

Aug 3, 2024 | Business Insurance, Business Interruption

One of the biggest threats facing cannabis cultivators is the increasing number of forest and grassland fires in prime growing areas like Northern California, Oregon, and Washington. There is not only the threat of an entire crop going up in flames, but smoke and ash...
More Workers Struggle with Addiction; What You Can Do

More Workers Struggle with Addiction; What You Can Do

Jul 27, 2024 | Business Insurance, Business Operations

ACCORDING TO a study by the Substance Abuse and Mental Health Services Administration, 10% of America’s workers are dependent on one substance or another. The nation is still battling the biggest drug scourge: opioid and fentanyl. Provisional data from the National...
Commissioner Orders Benchmark 2% Rate Reduction

Commissioner Orders Benchmark 2% Rate Reduction

Jul 20, 2024 | Business Insurance, Business Operations

CALIFORNIA INSURANCE Commissioner Ricardo Lara has ordered that the state’s average benchmark workers’ compensation rate be cut by 2.1%, starting Sept. 1. The decision rejected the Workers’ Compensation Insurance Rating Bureau’s recommendation that the benchmark rate...
Indoor Heat Illness Rules Coming Soon

Indoor Heat Illness Rules Coming Soon

Jul 20, 2024 | Business Insurance, Business Operations

THE CAL/OSHA Standards Board has voted to approve new heat illness prevention regulations that will require some workplaces to make significant adjustments to their operations in order to comply, possibly starting later this summer. The indoor heat illness prevention...
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