Growing companies often overlook the importance of properly managing their risk. Increased activity can result in additional losses. For example, more trucks driving more miles may result in more accidents. However, other kinds of risk can increase more than the jump in business activity. We look at three such areas here. Workplace safety Typically, […]
As commercial property insurance rates have climbed steadily in the last five years, insurers have been increasing deductibles, sometimes for all risks, but sometimes for specific perils, such as hail. Often, business owners fail to notice these increased deductibles until they file a claim. Sometimes, their dollar-amount deductible has been replaced by a deductible that […]
The Department of Labor on May 1, 2025, announced it would no longer enforce a Biden-era rule on independent contractors, setting the stage for a drastic overhaul that will likely result in a more employer-friendly regulation. While the DOL reviews the rule, which has been in effect since March 2024, it announced in a field […]
Cal/OSHA has released draft language that would require employers of outside workers to take additional steps to ensure their safety when working in high heat conditions. The proposed rules were written to implement legislation — AB 2243 — signed into law in 2022 to address heat and wildfire smoke protections for workers. The draft rules, […]