Aug 6, 2021 | Business Insurance, Business Operations
A WORK-RELATED vehicle accident will cost an employer an average of at least $16,500, according to OSHA. If injuries are involved, that figure can quadruple. If there’s a fatality, you could be looking at costs exceeding half a million dollars. Not to mention the... 
Jul 30, 2021 | Business Insurance, Business Operations
SOME BUSINESSES are finding fewer insurers willing to write their policies for certain types of coverage that are seeing rapidly rising claims costs, particularly in liability lines as well as property insurance in areas with exposure to natural catastrophes. When no... 
Jul 25, 2021 | Business Insurance, Business Operations
THE CAL/OSHA Standards Board has approved changes to the COVID-19 Emergency Temporary Standard that greatly loosen workplace restrictions that were implemented last year to protect California workers. The biggest news in the changes is that workers who have been fully... 
Jul 15, 2021 | Business Insurance, Business Operations
INSURANCE RATES are rising rapidly for contractors, particularly for builder’s risk and excess liability policies as the cost of claims continues to increase dramatically.While rates for builder’s risk have been averaging 10 to 20%, pricing for excess liability and... 
Jul 10, 2021 | Business Insurance, Business Operations
THE OWNERS of a California flooring installation company allegedly underreported their payroll amounts to workers’ compensation insurers to the tune of $30 million. The men are each facing three felony charges. These are the potential consequences for those who... 
Jun 30, 2021 | Business Insurance, Business Operations
CAL/OSHA LAST November issued COVID-19 emergency temporary standards, and now the agency has revised those standards to reflect the reduced risk of infection as more people get vaccinated. The revisions provide respite to many businesses ahead of the planned reopening...