Insurance Costs Related to COVID-19 Could Top $100 billion

Posted on: June 10th, 2020 by Leaders' Choice Staff No Comments

COVID-19-related losses for property-casualty insurers are likely to top $100 billion, with workers’ compensation accounting for about a third of all payouts, according to a new report by Wells Fargo & Co. The report estimates that workers’ compensation could see total COVID-19 claims payouts of up to $34 billion, but that factors like the severity […]

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More Older Workers’ Comp Claims Being Settled as COVID-19 Brings Uncertainty

Posted on: May 20th, 2020 by Leaders' Choice Staff No Comments

One bit of good news coming from the COVID-19 pandemic is that the economic downturn has boosted efforts to close older workers’ comp claims that have been lingering as both sides cannot agree on a settlement. Due to the financial pain brought on by the sudden downturn, injured workers who have been reluctant to settle […]

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Testing Workers for COVID-19 Raises Privacy, Discrimination Issues

Posted on: May 13th, 2020 by Leaders' Choice Staff No Comments

Employers whose businesses continue to operate are obviously concerned about the coronavirus spreading through their worksites, so many have started testing their workers. Recent U.S. Equal Employment Opportunity Commission guidance authorized employers to conduct COVID-19 testing and check temperatures of employees. But doing so could expose a business to a number of employee legal actions […]

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Workers Get Workers’ Comp Presumption for COVID-19

Posted on: May 7th, 2020 by Leaders' Choice Staff No Comments

California Gov. Gavin Newsom has issued an executive order requiring that workers who either test positive for COVID-19 or are diagnosed by a physician as having coronavirus are eligible for workers’ compensation benefits. The order means that it will automatically be presumed that the employee contracted the virus on the job if they test positive […]

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Protecting Your Workers During the Pandemic

Posted on: April 28th, 2020 by Leaders' Choice Staff No Comments

If you are one of the companies that has been deemed an essential employer and are remaining open during stay-at-home orders, you should be doing all you can to protect your workers against contracting COVID-19. While some workers are really on the front lines of fighting the disease, like health care workers and emergency services […]

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How to Protect Your Business Teleconference Meetings

Posted on: April 22nd, 2020 by Leaders' Choice Staff No Comments

Since face-to-face meetings are out of the question when most non-essential workers are under stay-at-home orders, many companies have opted for the teleconferencing app Zoom. With the recent revelation that Zoom’s teleconferencing system is not always the most secure, it is still one of the least expensive and user-friendly options for holding meetings during the […]

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Insurers Ordered to Refund Premiums Due to Outbreak

Posted on: April 14th, 2020 by Leaders' Choice Staff No Comments

California’s insurance commissioner has ordered insurers doing business in the state to refund some premium payments to policyholders for a number of commercial lines, as well as personal auto insurance policies, due to the reduced risk of claims in light of the COVID-19 outbreak and shelter-at-home orders. Commissioner Ricardo Lara issued the notice, which requires […]

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CARES Act Helps Coronavirus-affected Employers, Employees Alike

Posted on: April 6th, 2020 by Leaders' Choice Staff No Comments

The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act stimulus law to help American workers and businesses weather the outbreak has a number of provisions that employers and their workers need to know about and can take advantage of during this crisis. The CARES Act includes provision for: Extended unemployment benefits. Requiring health […]

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Train Your Workers in COVID-19 Prevention

Posted on: March 3rd, 2020 by Leaders' Choice Staff No Comments

As the COVID-19 virus spreads across the world and the number of cases growing in the U.S., there is a lot of hysteria and misinformation about how to protect yourself from this new virus strain. More and more people are wearing surgical masks when they go outside, thinking it will protect them, and some people […]

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