Nov 15, 2023 | Business Insurance, Business Operations
MICROSOFT TEAMS has issued a warning that cyber criminals are exploiting its Teams video-conferencing platform to launch phishing attacks that can debilitate companies that are victims of these actions. Hackers often abuse the Microsoft Teams platform to launch cyber... 
Nov 3, 2023 | Business Insurance, Business Operations
UNDER A NEW law, starting in 2024 employers in California will no longer be allowed to ask a job applicant about past cannabis use. The legislation, SB 700, aims to protect workers from discrimination by barring employers from conducting pre-employment drug screenings... 
Oct 27, 2023 | Business Insurance, Business Operations
WORKERS’ COMP fraud costs the insurance industry roughly $5 billion each year, according to estimates by the National Insurance Crime Bureau. And depending on whom you ask, fraud accounts for as much as 10% of the costs of all workers’ comp claims. This... 
Oct 19, 2023 | Business Insurance, Business Operations
PERSONAL AUTO insurance rates continue increasing and even motorists who have had no accidents or moving violations are seeing their premiums climb at some of the highest rates for decades. Continuing a trend from the past six years, premiums increased an average of... 
Oct 11, 2023 | Business Insurance, Compliance Reminder
THE U.S. Department of Labor has issued its long-awaited proposed changes to the nation’s overtime rules for American workers, proposing to increase the threshold for exempt status by more than 50% to just over $55,000. Under DOL rules, workers who are exempt... 
Oct 4, 2023 | Business Insurance, Business Operations
While cyber threats grow and the cyber insurance market evolves, insurers are regularly adjusting their policy terms and conditions in response to new threats and exposure. Carriers have amassed nearly a decade’s worth of data and are getting more stringent...