by Ridgemark Insurance | May 30, 2023 | Uncategorized
The commercial property insurance market continues hardening, with average rates up 9.3% in the first quarter of 2023, according to MarketScout. Rates for business properties have been climbing steadily for the last six years, but those increases have grown at a...
by Ridgemark Insurance | May 23, 2023 | Uncategorized
The California Civil Rights Department (CRD) recently released a detailed set of frequently asked questions about a new bereavement law that requires employers in the state with five or more workers to provide leave for up to five days to a worker who loses an...
by Ridgemark Insurance | May 16, 2023 | Uncategorized
Cal/OSHA has proposed its long-awaited indoor heat illness prevention standard as increasingly hot summers are affecting workers in indoor spaces like warehouses, production operations, restaurants and more. The proposed standard, largely based on the state agency’s...
by Ridgemark Insurance | May 9, 2023 | Uncategorized
In a sign of the long-lasting effects of reforms enacted a decade ago, California’s workers’ compensation rate-making agency will recommend that average benchmark rates increase a mere 0.3%. The recommendation by the Workers’ Compensation Insurance Rating Bureau,...
by Ridgemark Insurance | May 4, 2023 | Uncategorized
With more and more California businesses being forced to go to the California FAIR Plan for their coverage, the market of last resort has moved to increase its commercial property coverage limits significantly. This should bring a semblance of relief to companies...
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