Growing Risks of Benefits, Payroll Platforms

Posted on: January 17th, 2023 by Leaders' Choice Staff No Comments

There is a growing threat to companies that use online services to administer their employee benefits and payroll as cyber criminals increasingly exploit these cloud service platforms. The results of a hacker gaining access to the company’s payroll systems, sloshing with cash, as well as employees’ personally identifiable information can be devastating both to the […]

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Labor Crunch Increases Construction Risks, Liabilities

Posted on: January 12th, 2023 by Leaders' Choice Staff No Comments

The ongoing labor shortage affecting the construction industry is leading to increasing exposure for contractors due to a number of risks. Working short-staffed or with employees new to construction can lead to increased workplace injuries, which in turn can result in higher workers’ compensation premiums. It can also result in shoddy work that needs to […]

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2022: The Wild Year of Natural Catastrophes

Posted on: January 5th, 2023 by Leaders' Choice Staff No Comments

The year 2022 was one of the most tumultuous climate disaster years in history, a year when we saw the massively destructive Hurricane Ian, an unprecedent number of tornadoes, growing wildfires in the West and a “bomb cyclone” in late December. And the increasing number of natural disasters is not just a U.S. phenomenon. It’s […]

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Firms That Pay Ransom to Cyber Criminals Are Often Hit Again

Posted on: December 27th, 2022 by Leaders' Choice Staff No Comments

A new study has found that one-third of companies that are hit with ransomware and pay the hackers to unlock their systems, are often likely to be targeted a second time. And after they pay, they are often faced with significant fallout, including system rebuilding costs, their data still being leaked and financial implications, according […]

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Happy Holidays!

Posted on: December 23rd, 2022 by Leaders' Choice Staff No Comments

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New Laws for 2023 part II

Posted on: December 21st, 2022 by Leaders' Choice Staff No Comments

This is the second half of a two-part article on the new laws and regulations affecting businesses in California.   6) Contractor workers’ comp A new law will require almost all contractors in California to carry workers’ compensation coverage, regardless of if they have employees or not. Currently, only roofers are required to carry workers’ […]

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New Laws for 2023 part I

Posted on: December 13th, 2022 by Leaders' Choice Staff No Comments

As 2023 draws near, so does a slew of new laws and regulations that will affect California businesses. Every year, a raft of bills are passed by the state Legislature and signed into law by the governor. The end result is another round of new laws that employers need to stay on top of. This […]

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Playing It Safe During the Holidays

Posted on: December 8th, 2022 by Leaders' Choice Staff No Comments

As the holiday season nears, your business will have new safety considerations to confront. From holiday parties and risk of electrical shock to fires and trips and falls, companies have a set of safety and risk management challenges that may not be present during most of the year. Decorations present their own set of safety […]

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Many Injured Workers Feel Unsupported, Frustrated by Claims Process

Posted on: November 29th, 2022 by Leaders' Choice Staff No Comments

A recent study has found that injured workers are often left feeling frustrated and fending for themselves after they file a workers’ compensation claim. The survey of injured workers by researchers at the University of Waterloo in Ontario, Canada found that workers reacted in a number of ways when experiencing “procedural” unfairness, frustration in how […]

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Costlier Reinsurance Is Feeding into Higher Commercial Policy Rates

Posted on: November 22nd, 2022 by Leaders' Choice Staff No Comments

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