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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...
Effects on Your X-Mod When Purchasing Another Firm

Effects on Your X-Mod When Purchasing Another Firm

Oct 7, 2021 | Business Insurance, Business Operations, Workers’ Compensation

MANY COMPANIES are often taken off guard when their workers’ comp X-Mod shoots up after a merger or acquisition. The experience modifier spike is usually the result of the other employer having a less than stellar workplace safety record and high workers’ comp claims...
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