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Ridgemark Insurance Services
Factors Pushing Commercial Property Rates Higher
Commercial property insurance rates are continuing to climb, as the segment faces a number of headwinds that have pushed claims costs to new heights. There are number of factors that are colliding, including the frequency and severity of claims from extreme weather,...
Prepare Your Business for Delays in Postal Service
You may not think of postal delays as a cost of doing business or a risk to your operations, but slower mail can pose a number of issues for timely correspondence and package deliveries. The U.S. is facing the specter of longer delivery times for first class mail, and...
Is Your Data Secure Enough for Employee Phones?
With about 75% of employees in the U.S. using their own devices for work communications and productivity, businesses must implement safeguards to avoid company data from being compromised should a device be stolen, hacked or contract a virus. The BYOD (bring your own...
You Can Be Sued if a Customer Harasses Your Staff
With confrontations between angry customers and employees just trying to do their jobs increasing during the COVID-19 pandemic, employers need to make sure they have policies in place to protect workers who are confronted. As well, many customer-facing companies —...
OSHA to Issue Vaccine Mandate Rules for Larger Employers
The Biden administration has announced plans to require businesses with 100 or more employees to require their workers to be vaccinated for COVID-19 or be tested for the coronavirus on a weekly basis. The order is part of a sweeping six-part “Path Out of the Pandemic”...
Businesses and Insurers Are Fighting Over Coverage for COVID-Caused Shutdowns
In courtrooms all over the country, battles are occurring between businesses who endured COVID-19-related shutdowns and insurance companies who believe they are not obligated to reimburse them for their losses. According to the Covid Insurance Litigation Tracker from...
Small Firms Saddled with Majority of Tort Liability Costs
Despite accounting for 19% of revenues among firms in the United States, small businesses shoulder more than 53% of all commercial tort liability costs, according to a new report by the U.S. Chamber Institute for Legal Reform. The story is worse for the business with...
New Funding Round for State COVID-19 Relief Grants Opening
California is opening a new funding round for its Small Business COVID-19 Relief Grant Program for companies that have taken a financial hit due to the pandemic. The new funding round opens Sept. 9 and runs through Sept. 30. The new round will take place thanks to an...
Wildfires Make for Difficult Commercial Property Insurance Market
As wildfires continue ravaging the West, more businesses in wildfire-prone areas are facing a difficult commercial property insurance market as insurers reduce their exposure and some have left the market altogether. Many businesses in areas that have already been...
Keeping Your Indoor Workers Cool During Intense Heat
Despite a law requiring that Cal/OSHA create indoor heat illness regulations by 2019, no regulations are yet on the books, making for a difficult situation as many parts of California are experiencing some of the highest temperatures on record. The workplace...