Recently, the Wannacry ransomware attack wreaked havoc on computer systems around the world, quickly encrypting data and holding it hostage in exchange for payment in bitcoins. As disruptive as this attack was, though, it could have been exponentially worse under slightly different circumstances or with a few tweaks to the program. NO KILL SWITCH One…
Most small business owners are rightfully concerned about the risk of workers’ compensation fraud. You see it on the news, read about it online, and are worried that someone might attempt to take advantage of the system. In reality, fraud is relatively rare. It does happen, and there are several steps you can and should…
In the wake of the recent worldwide ransomware attack that impacted so many businesses around the world, the protections afforded by cyber insurance may be looking more and more attractive. Whether your business was directly impacted or not, you likely felt the shock waves produced when many companies in diverse industries suddenly couldn’t access their…
Being late is flat out unacceptable. That might sound a bit strict to some but it is an issue that needs to be addressed. Regardless if you’re meeting up for a coffee date or attending a dinner party being punctual says a lot about you. Tardiness bugs me so much that just thinking about it…
Workers’ comp is the most criticized insurance policy. Most employers think worker’s comp as some sort of tax while others just sign a check and move on. Nonetheless worker’s comp is unique for a variety of reasons. However, most of these references are not applicable to all the states and there are exceptions. First, workers’ comp is…
If you’re still wondering whether or not the November 2016 Republican sweep will impact workers’ comp, you might want to chew on this – there’s huge uncertainty. This is what we know for now: If President Donald Trump keeps his campaign promise, there’s a likelihood of increased medical expense and higher claims frequency. The Department of Labor…
Now that Super Bowl is over, and we’ve had time recoil from a big upset (or not depending on who you rooting for) you might feel a certain dizzying effect left over if you were hosting. I attended a party with quite a few boisterous guests, filled with emotionally charged opinions and alcohol. And, there…
When it comes to California and its trailblazing politics, not many other states in the nation can hold a candle. As a result of Proposition 64, voters approved legalizing recreational use of marijuana and it has reverberated throughout the state causing some headaches for the California Workers’ Compensation system. How will the legalization of weed…
Getting an injured employee back to work quickly is better for the employee, and it’s also beneficial for your business in several ways. These include eliminating losses related to reduced productivity, as well as those associated with hiring and training replacements, and it can also help you keep you workers compensation costs from going up.…
Regardless of the industry you operate in, you almost certainly need to have workers’ compensation insurance coverage if you run a business of any size. While some states exempt very small businesses from this requirement, that does not remove your liability to pay if an employee or contractor is injured on the job. The cost of workers’…