Bills Would Expand Paid Time Off, Who Can Take Family Leave

Posted on: September 19th, 2023 by Leaders' Choice Staff No Comments

Two bills wending their way through the state Legislature would increase the amount of sick days workers in the Golden State can take as well as expand — once again — the definition of “family” for the purposes of paid family leave. Business groups have come out against both of the bills, which they say […]

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DOL Proposes Massive Increase in Overtime Pay Threshold

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

The U.S. Department of Labor has issued its long-awaited proposed changes to the nation’s overtime rules for American workers, proposing to increase the threshold for exempt status by more than 50% to $55,000. If the proposed rules become permanent rules, employers will need to prepare their bookkeeping and budgets to account for the new salary […]

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Bill Would Require Workplace Violence Prevention Plans for All Employers

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

A controversial bill that would require every employer in California to have in place a workplace violence prevention plan has been passed by the State Senate and is now in play in the Assembly. The bill — SB 553 — would require any company with at least one worker to “establish, implement and maintain” a […]

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Managing Your Corporate Vehicle Exposure

Posted on: August 29th, 2023 by Leaders' Choice Staff No Comments

Automobiles are one of the most significant exposures to loss a company can face. To ensure that you effectively manage your company’s vehicle liability and risk exposure, you need to have an effective risk management strategy. Without one, the consequences to your company’s bottom line can be severe. With one, you can reduce your total […]

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OSHA Proposes Changes to Construction PPE Standard

Posted on: August 15th, 2023 by Leaders' Choice Staff No Comments

Fed-OSHA has proposed new regulations that would require personal protective equipment for construction workers to be properly fitting. OSHA’s main concern is that the current standard PPE doesn’t clearly state that the equipment must fit each construction worker properly, which the general industry and maritime standards already require. The lack of access to properly fitting […]

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SCOTUS Sets High Bar for Rejecting Religious Accommodation Requests

Posted on: August 8th, 2023 by Leaders' Choice Staff No Comments

A recent decision by the U.S. Supreme Court will make it more difficult for employers to deny employees’ requests for religious accommodations in the workplace. The unanimous decision by the court in the case of Groff vs. DeJoy basically upends a standard for accommodating religious beliefs that has been in place since 1977. The case concerns […]

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Insurance Commissioner Orders Workers’ Comp Rate Reduction

Posted on: August 1st, 2023 by Leaders' Choice Staff No Comments

California Insurance Commissioner Ricardo Lara has issued an order that cuts the average advisory workers’ compensation benchmark rate across all classes by 2.6%, starting Sept. 1. After holding a public hearing in June, Lara rejected the Workers’ Compensation Insurance Rating Bureau’s recommendation that the benchmark rate increase 0.3%. The difference between the WCIRB-proposed rate and […]

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Cyber Insurance Pricing Ebbs

Posted on: July 25th, 2023 by Leaders' Choice Staff No Comments

After two years of massive rate increases, cyber insurance market pricing has been softening and transitioning into a buyers’ market, according to a new report by Aon Plc. In 2021 and 2022, 100% rate increases for cyber liability insurers were common, but a number of factors are finally starting to drive rates lower. Experts recommend […]

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Commercial Auto Insurance Rates Spiking

Posted on: July 18th, 2023 by Leaders' Choice Staff No Comments

Skyrocketing claims costs and higher accident rates are pressuring the commercial auto insurance market, as insurers impose increasingly larger rate hikes and more are pulling out of the market or restricting who they will cover. While rate increases have been the standard for nearly a decade, since 2022 hikes are growing larger — often in […]

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Commercial Property Insurance Gets Scarce in At-Risk Areas

Posted on: July 11th, 2023 by Leaders' Choice Staff No Comments

Commercial property insurance rates remain stubbornly high in California for businesses with properties that are susceptible to wildfire risks. Coverage is relatively easy to find at reasonable prices in any of California’s larger cities, but in small cities and towns, it’s a different story. Business with facilities in any areas that abut woodlands and other […]

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