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... 
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... 
Jul 12, 2024 | Business Insurance, Business Operations
BUSINESSES ARE increasingly using smartphones and tablets to manage their risks and improve their workplace safety. A growing number of applications for these devices — matched with other technologies — can help companies prevent losses, reduce the chances of... 
Jun 28, 2024 | Business Insurance, Business Operations
With risks to companies and employees growing, sometimes the unthinkable happens and a business has a real crisis on its hands. While large companies are usually well-prepared for a crisis should one occur, most small and mid-sized firms don’t have the resources or... 
Jun 21, 2024 | Business Insurance, Business Interruption, Business Operations
The U.S. Drug Enforcement Administration has proposed new rules that would reclassify cannabis from a Schedule 1 controlled substance (on par with heroin and LSD) to a Schedule 3 drug. The change would pave the way for significant tax relief for cannabis operators.... 
Jun 13, 2024 | Business Insurance, Business Interruption
Business E-mail Compromise Scams: The Most Common Cyberattack Business e-mail compromise scams are now the most common type of cyberattack businesses face, and all types of these attacks are showing no signs of letting up, according to a new report. Nearly three out...