G2 Blog
On April 13, 2020, the Commissioner of the California Department of Insurance (DOI) ordered insurance companies to refund premiums to consumers and businesses affected by the COVID-19 emergency.
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.
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.
California Governor Gavin Newsom recently signed a law giving childhood victims of sexual abuse more time to decide whether to file lawsuits. Expanding the statue of limitations gives victims until age 40, or five years from discovery of the abuse, to file civil lawsuits.
G2 continues to expand its Personal Risk Management division by adding a Family Office & Wealth Advisory practice, led by industry expert, Shirley Gordon. Shirley partners primarily with wealth advisors, attorneys, and CPAs on personal risk management. She delivers in-depth discovery, custom insurance placement, and exceptional protection programs to successful individuals, families, and family offices.
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.