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Recommendation: Workers’ Comp Rates Should Be Raised 2.7%

Recommendation: Workers’ Comp Rates Should Be Raised 2.7%

by Ridgemark Insurance | Apr 29, 2021 | Uncategorized

In an unusual move, the Workers’ Compensation Insurance Rating Bureau of California has filed with the Department of Insurance a recommendation that benchmark workers’ comp rates in the state be increased by an average of 2.7%, effective Sept. 1 of this year....
Second CalSavers Registration Deadline Fast Approaching

Second CalSavers Registration Deadline Fast Approaching

by Ridgemark Insurance | Apr 21, 2021 | Uncategorized

The deadline is fast approaching for employers with 50 or more staff in California, and who do not already offer their employees a retirement plan, to register for the CalSavers Retirement Savings Program. As of April 7, more than 10,000 employers had already...
Vehicle Crashes On and Off the Job Cost Employers Dearly

Vehicle Crashes On and Off the Job Cost Employers Dearly

by Ridgemark Insurance | Apr 13, 2021 | Uncategorized

The costs for businesses when their employees are involved in car accidents on and off the job are staggering, at $72.2 billion a year, according to a new study. The “Cost of Vehicle Crashes to Employers ― 2019” study, released in March 2021 by the Network for...
New Law Requires Paid Sick Leave for COVID-19-Related Issues

New Law Requires Paid Sick Leave for COVID-19-Related Issues

by Ridgemark Insurance | Apr 7, 2021 | Uncategorized

Governor Newsom signed legislation in March that requires California employers with more than 25 workers to provide them with up to 80 hours of COVID-19-related paid sick leave. The new law even requires employers to pay workers that took COVID-19-related sick leave...

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