May 6, 2020 | Business Insurance, Business Operations, California Insurance
The state insurance commissioner has ordered insurers to refund a portion of premiums to policyholders, due to the reduced risk of claims in light of the COVID-19 outbreak and shelter-at-home orders. Commissioner Ricardo Lara’s notice covers premiums paid for at least...
Apr 28, 2020 | Business Insurance, Business Operations
The Cannabis industry is coming under increasing scrutiny as law enforcement and regulators grow concerned about criminal activity, fraud and corruption and as hackers target businesses in this emerging industry. The FBI last year announced that it was seeing...
Apr 21, 2020 | Business Insurance
More and more companies are being sued for discrimination by job applicants who have legally been prescribed medical marijuana, after they failed pre-employment drug screenings or because of their use of the substance. The issue of medical marijuana is difficult in...
Apr 14, 2020 | Business Insurance, Business Operations
The IRS has issued new emergency guidance that allows employers and insurers to waive the cost of coronavirus testing and treatment for workers who are enrolled in highdeductible health plans (HDHPs). Major health insurers reported that employers had been asking if...
Apr 7, 2020 | Business Insurance, Business Operations
COVID-19 is forcing US businesses to face a number of insurance implications, and you maybe wondering if any of your policies will pay for claims resulting from the outbreak. The main lines of insurance that may come into play are: Business interruption coverage...