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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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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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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Workers’ Comp Insurers Continue Cutting Their Rates

Posted on: November 15th, 2022 by Leaders' Choice Staff No Comments

Despite the Workers’ Compensation Insurance Rating Bureau recommending that benchmark rates in California be increased in the last two years, the rates that insurance companies are charging for coverage continue falling. But the party may soon be coming to an end, according to a new report. The California Department of Insurance in fact rejected the […]

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Contractors Will Need Comp Coverage Even If They Have No Workers

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

A new law will require almost all contractors in California to carry workers’ compensation coverage, regardless of if they have employees or not. According to the author of the bill, State Sen. Bill Dodd, D-Napa, the new law was necessary due to the tendency of many small contractors to claim they have no employees, when […]

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State Moves to Ban Sale of Non-Electric Big Rigs, Semis in 2040

Posted on: November 1st, 2022 by Leaders' Choice Staff No Comments

Under a new proposal by the California Air Resources Board, all new big rigs and other large trucks sold in the Golden State will have to be zero-emission vehicles, starting in 2040. The proposed rule would bar manufacturers from selling medium- and heavy-duty trucks that run on diesel or gasoline in California, and instead sell […]

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Inflation, Jury Awards Continue Driving Insurance Premiums

Posted on: September 20th, 2022 by Leaders' Choice Staff No Comments

Inflation is not just affecting the cost of food and fuel. It’s also spilled over to the price of almost every industrial item, as well as building materials and services. Anybody running a business, particularly one that carries inventories or has to invest in machinery or electronics, has seen prices increase on top of wage […]

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Cal/OSHA Requires Employers to Protect Workers from Wildfire Smoke

Posted on: August 10th, 2022 by Leaders' Choice Staff No Comments

Cal/OSHA has issued a reminder to employers that they are required to protect their outdoor workers from unhealthy air due to wildfire smoke. Cal/OSHA’s Protection from Wildfire Smoke emergency regulation put in place in August 2019 was made permanent in February 2021. For the safety of your workers and to comply with the regulation, it’s […]

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