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Employees Responsible for 85% of Trade Secret Theft

Employees Responsible for 85% of Trade Secret Theft

Jan 22, 2022 | Business Insurance, Business Operations, Employement Practices, Workers’ Compensation

TRADE SECRET theft by employees is a serious and growing problem in the U.S. According to an analysis of federal court cases, 85% of such theft is committed by employees or business partners. Lately, companies have been focusing on high-value, high-tech cyber attacks...
Proposal: X-Mods to Include COVID-19 Claims

Proposal: X-Mods to Include COVID-19 Claims

Dec 29, 2021 | Business Insurance, Business Operations, Employement Practices, Workers’ Compensation

CALIFORNIA’S WORKERS’ Compensation Insurance Rating Bureau has proposed plans to start requiring COVID-19 claims to be included when calculating employer X-Mods, according to a report by an industry trade publication. The proposal, which would have to be approved by...
Permanent COVID-19 Standard Coming Soon

Permanent COVID-19 Standard Coming Soon

Dec 20, 2021 | Business Insurance, Business Operations, Employement Practices, Workplace Safety

CAL/OSHA has taken the first step towards creating a semipermanent COVID-19 standard to replace the emergency temporary standard that currently governs workplace coronavirus prevention measures in the state. On Sept. 17, Cal/OSHA released a discussion draft for...
Why Your Company Needs ‘Key Individual’ Coverage

Why Your Company Needs ‘Key Individual’ Coverage

Dec 16, 2021 | Business Insurance, Business Operations, Employement Practices

IF YOU ARE operating a small business, you are likely relying on a small staff to get the job done. Many employees in small firms have to wear many hats and if one of them or an owner should die, the business could suffer greatly from that sudden loss of talent. If...
Commercial Insurance Rate Hikes to Continue in 2022

Commercial Insurance Rate Hikes to Continue in 2022

Nov 30, 2021 | Business Insurance, Business Operations, Employement Practices

RATES FOR most commercial lines of insurance are likely to continue rising going into 2022, as claims costs mount across the board. A new report from Marketscout notes that rate increases have accelerated across all major lines, but have been most pronounced in...
COVID Drives Surge in Employment Practices Claims

COVID Drives Surge in Employment Practices Claims

Nov 24, 2021 | Business Insurance, Business Operations, Employement Practices

EMPLOYERS ARE being hit with a wave of COVID-19-related employment lawsuits, which is starting to have an effect on employment practices liability insurance (EPLI) rates and coverages. A tally by the law firm Fisher Phillips found that as of August 2021 there had been...
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