Despite the ongoing COVID-19 pandemic, commercial insurance rates are continuing to move higher, pretty much across the board with the exception of workers’ compensation. A new report by online insurance exchange MarketScout found that in the third quarter of the year the highest rate increases were in liability lines, but hefty rises in property insurance…
Many business owners may be good at running their companies, but the majority of them are failing to address essential long-term planning that is critical to sustaining their businesses. The one area that the majority of business owners often neglect is planning for business continuity if they die or become disabled, according to the “MassMutual…
With the opioid epidemic continuing to sweep the nation, more and more workers are battling addiction than ever before. But if you as an employer suspect or know one of your staff has a substance abuse problem, you need to be careful about how you approach them and try to deal with the issue. Even…
Burglary, robbery and vandalism can be particularly devastating to small businesses in terms of money, customers and employee safety. You can see thousands of dollars of merchandise or equipment damaged or stolen, and your employees and customers can be in mortal danger if your facility is robbed. These types of risks to your business are…
While the number of COVID-19 workers’ compensation cases filed in California continues to grow, total workplace injury and illness claims in the state have fallen nearly 20% so far in 2020 compared to 2019. Through September, the state had recorded 47,412 COVID-19 workers’ compensation claims, accounting for 11.1% of all claims reported since the start…
Employees are your most valuable asset, but many businesses overlook the importance of having a workplace safety program in place to protect them. Loss control is about employers caring for their workers’ safety. Successful loss control programs are means of reducing injuries and the severity of a potential accident. If you want to reduce the…
As the Centers for Disease Control and other health authorities have recommended that everyone get a flu shot this year due to the COVID-19 pandemic, many employers are wondering if they can require seasonal flu vaccinations for their staff. The CDC and the medical community recommend it in order to minimize the chances of double-infection…
The California Workers Compensation Insurance Rating Bureau has amended its 2021 rate filing to make its earlier recommended COVID-19 surcharge more equitable. The Rating Bureau is leaving unchanged its overall recommendation that benchmark rates be increased an average of 2.6% for policies incepting on or after Jan. 1, 2021. But it modified an earlier recommendation that…
A new law that takes effect in January 2021 will expand the California Family Rights Act to cover even small employers – those with five or more staff. The law, which requires covered employers to provide up to 12 weeks of unpaid a year for family and medical leave purposes, currently only applies to employers…
News last year of McDonald’s Corp. dismissing its chief executive for having a consensual sexual relationship with an employee reflects the hardening stance in corporate America towards inter-office romances. Many large companies have instituted zero-tolerance policies for managers who are romantically involved with company employees. The companies are mainly cracking down to reduce their chances…