G2 Blog
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.
Most buyers of flood insurance have traditionally purchased coverage through the National Flood Insurance Program (NFIP), but the tides are changing.
When it comes to catastrophes, the past two years have been dramatic, particularly in California. As a result, insurance companies are facing massive payouts for losses.
Our partnership with nonprofit organizations highlights the importance of risk mitigation outside of purchasing insurance. In fact, the risks nonprofits face are, in many cases, unique and potentially catastrophic to the very mission of the organization.
After one of our nonprofit clients submitted a property claim based on significant water damage, the insurer denied the claim on the basis that the cause of loss was determined to be within the flood exclusion. The insurance company’s expert engineer produced a report supporting their denial.
When the Woolsey Wildfire started on November 8, 2018 in the Westlake Village area of Ventura County I had no idea of where it would spread.