Workers’ Compensation is one of the most significant expenses many businesses pay on a recurring basis. Between 0.5% and 40% of payroll can be spent insuring and protecting employees against loss and injury. So it’s understandably an issue most business owners spend a lot of time worrying about, specifically workers’ comp fraud. While the vast…
If you’ve been in business for any amount of time, you know that your insurance broker will ask a lot of questions, almost every time you speak with them. Whether it’s requesting a quote for a new policy, or reviewing your current coverage and making adjustments based on changing factors in your business – there…
One of the most important factors in reducing workers’ compensation claims and in turn policy rate is your hiring process. The people you hire, their background, and their contribution to risk in your business, are hugely important, and yet fewer employers than ever before are conducting the types of credit and criminal background checks that…
One of the most significant factors influencing the cost of workers’ compensation insurance in California is a business’s experience rating or ExMod. This number, applied to each business depending on a number of factors, modifies the base rate offered by the company’s insurance carrier and therefore directly impacts the total cost of insurance. The California Workers’…
One of the biggest expenses affecting most small businesses today is worker’s compensation insurance. Premiums can vary widely depending on your industry, but this mandatory coverage can as little as .5% and as much as 40% of payroll. This fast-growing expense is often a top concern for employers, who’d like nothing more than to find ways…
The pressure of owning your own business is enough to keep you up all night determining ways to keep you and your employees safeguarded. For many small businesses today, the office is in reality wherever work takes you. This in turn often requires travel by car. Whether you or your employees drive your own vehicles,…
There are an increasing number of California small businesses, restaurants, and other public access buildings whose owners are being plagued by lawsuits based on supposed violations of the Americans with Disabilities Act (ADA), which requires that all disabled persons should have the same access to public buildings as other people. As with any issue, there are two…