Gov. Gavin Newsom has signed into law a measure that will require nearly every employer in California to have in place a workplace violence prevention plan. The expansive new law, which takes effect July 1, 2024, will require any company with at least one worker to “establish, implement and maintain” a workplace violence prevention plan, […]
While cyber threats grow and the cyber insurance market evolves, insurers are regularly adjusting their policy terms and conditions in response to new threats and exposure. Carriers have amassed nearly a decade’s worth of data and are getting more stringent about underwriting and demanding that policyholders do their share by implementing best practices aimed at […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]