2021 Subcontractor Insurance Requirements
The cornerstone of a successful contractual risk transfer program is a consistent approach to Subcontractor Insurance Compliance. Download the Article
Construction
Preparing for an OSHA Inspection
Preparing for an OSHA Inspection Why does Cal/OSHA visit? There are five reasons why a Cal/OSHA Safety Compliance Officer may visit a jobsite. These are in order of priority: Download the Article
Firing Injured Workers — Recipe for Disaster?
California Labor Code Section 132a – No coverage from insurance, so you are paying for it! Not only can your employees hire attorneys to litigate their claims at the Workers’ Compensation Appeals Board (WCAB) for injuries potentially caused from industrial work at your company, they can also bring a petition for discrimination under California Labor Code Section …
Subcontractor Workers’ Compensation Success Story – 2017
How a $19,000 investment returned $65,775 and lowered an EMR by 20 points! Download the Article
2018 Workers’ Compensation & Safety Update
Insurance commissioner, Dave Jones, approved an overall rate decrease of 12.31% in loss cost rates for policies renewing 1/1/18 or later. For the 69 construction classifications on page 2, rates are down an average of 6.6% from 1/1/17 loss cost rates. Download the Article
2017 Workers’ Compensation Mid-Year Update
The insurance commissioner approved an average rate decrease of 7.8% to be effective 7/1/17 for all new and renewing policies after this date. Several insurers have filed lower rates as of 7/1/17, and will continue to take clients’ loss history into consideration when determining final net rates. Download the Article
Proof of Loss as a Tool to Resolve Disputed Property Claims
First Party Property losses such as stolen construction tools and equipment, should be a straight forward claim. You send in documents to support the value of your claim, and then you expect to be paid by your property insurer. Typically, the claim is paid but sometimes things get derailed. Your property insurer may dispute the …
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Workers’ Compensation Understanding the True Cost of an Employee Injury
A safe job is a profitable job—especially when you add up the direct and indirect costs of an accident! For example, a $25,000 sprain/lost time injury might take between $500,000 and $2,500,000 of additional company sales to pay for the cost of the injury. Download the Article
Increasing Cost of Automobile Claims – Automobile Black Boxes and Economic Damages
California auto insurance rates are going up due to the escalating cost of claims. On average, insurers are paying out $1.14 for every $1.00 of premium they collect. Increased traffic on roadways, distracted drivers, escalating medical costs, rising repair costs, and finally, economic damages from severe auto injuries, are the reasons for these increased claim …
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2017 Workers’ Compensation and Safety Update
Insurance Commissioner, Dave Jones, has requested additional rate decreases for new and renewal policies starting January 1, 2017. The schedule in this article shows the requested pure premium rate changes to be effective January 1, 2017. We expect slightly lower rates to be approved in early December 2016. Download the Article