General and Prime Contractors want to transfer the financial risk of subcontractor-caused construction defect claims or serious accidents at job sites to their subcontractor’s insurer. Download the Article
On November 24th, 2020, Insurance Commissioner Ricardo Lara approved pure premium rates that were 4.64 percent lower than rates requested by the California Workers’ Compensation Rating Insurance Bureau. Download the Article
2020 Workers’ Compensation Proposed Changes The insurance commissioner approved lower rates to be effective for policies renewing on January 1, 2020 or thereafter.
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
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 …
When you just cannot create a temporary modified duty job within your organization for your injured worker, you may consider having your employee do charity work outside of your company. The benefit of a reduced experience modification rate (EMR) still exists, since no Temporary Total Disability (TTD) benefits will be paid on the claim, and …
For workers’ compensation claims, a physician has to agree that an injured worker can return to work in a modified job with certain restrictions. Without a doctor’s letter, or a primary treating physician’s progress report, your company cannot offer a modified job to your employee. Download the Article
With online payment systems, certified payrolls and sharing of specifications and bid documents, contractors are exposed to cyber losses that are not covered by traditional insurance. Add on cyber-ransom and you really have several areas of concern. Download the Article
Owners have been prequalifying general contractors and, in turn, general contractors have been prequalifying subcontractors for expertise, performance, safety, and innovative ideas for years. You should do the same with your insurance and surety broker. Download the Article
As you know, workers’ compensation costs and your Experience Modification Rate (EMR) are two key components of any competitive bid. Multiple small claims (below $7,001) can, and often do, adversely affect your EMR more than one very large claim. Accordingly, when thinking about how to reduce your premiums and EMR, one of the primary goals …