December 2014

2015 Workers’ Compensation Update

PentaRisk Insurance Services Newsletterer ‐ Volume 1 Issue 1 On November 14, 2014, California Insurance Commissioner, Dave Jones, approved new pure premium rates for workers’ compensation insurance policies that renew on January 1, 2015 or later. Overall, the average rate increase for California classifications is 2.2%, however for the 62 construction classifications we track, the …

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Seven Strategies to Improve Subcontractor Insurance Compliance

BY JAMES UNTIEDT & CYNTHIA JOHNSON This article first appeared in CFMA Building Profits. The cornerstone of a successful contractual risk transfer program is a uniform, consistently followed approach to subcontractor insurance compliance. Managing subcontractor risk transfer and perfecting the process of protecting the upstream party’s interests can be challenging for both contractors and subcontractors. …

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