Category: Commercial Insurance
SuiteLife Underwriting Managers recently published its Q2 2020 Program Executive Report summarizing loss prevention and claims trends for the hospitality industry.
On September 17, 2020, California Governor Gavin Newsom signed Senate Bill 1159 into law. In addition to codifying the Governor’s Executive Order N-62-20, which established a time-limited rebuttable presumption for workers who are diagnosed with COVID-19, the bill extends the presumption to January 1, 2023 and maintains the narrow time period during which an employer can rebut the presumption.
The cost of Umbrella coverage is increasing, but here is why you should buy more now. Hotels and resorts are inherently full of risk, even in the best of times. With the addition of the ever-evolving COVID-19, the risks are exponentially more complicated and difficult to mitigate.
An estimated 25-30 percent of Americans have been working remotely for more than four months. Survey findings from insurance carrier, Chubb, address key issues of productivity, work/life balance, emotional and physical well-being, anxiety and perceptions about risk.
On June 15, 2020, California Insurance Commissioner Ricardo Lara approved a special regulatory filing in response to the impact of COVID-19 on California employers and workers. As a result, the following changes may apply to you:
G2 monitors important events affecting our clients. As states and local governments begin the process of allowing businesses to reopen, a number of new risks need to be managed to maintain successful operations.
Many businesses use independent contractors in their operations on a daily basis. A new law which Governor Gavin Newsom signed on September 18, 2019 – Assembly Bill 5 (AB5) – looks to change that by codifying the ABC test handed down by the California Supreme Court in the recent case of Dynamex which distinguishes employees from independent contractors.
As businesses reopen and employees return to work, supporting mental health will be a key factor in a successful reintegration. Our friends at Travelers recently published an article and whitepaper that offers recommendations about how to truly care for your employees physical and emotional well-being.
As a Risk Management Consultant and Insurance Broker for nonprofits, it feels like every day brings a new set of guideline and declarations. Every organization is trying to pivot, get creative, stay in front of their audiences and donors, and figure out what the long game looks like. As I talk to my clients about their immediate and future needs as it pertains to insurance and risk management in the face of COVID-19, one question is constant:
Our team has been fielding inquiries from clients for the past few weeks related to the novel coronavirus (COVID-19). Below are answers to some frequently asked questions that we hope will assist you in decision making and provide you with insights into your insurance coverage for this unprecedented event.