Blog
Ridgemark Insurance Services
Failing to Check a Driver’s Clearinghouse Record Can Leave Your Company Exposed
Fleet operators face an increased risk of potential liability if they are not diligent about checking their drivers' moving violation records with the state Department of Motor Vehicles in addition to the Federal Motor Carrier Safety Administration's Drug and Alcohol...
Pay Attention to Exclusions in Cyber Insurance Policies
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 about...
New Law Expands Paid Sick Leave for California Workers
Gov. Gavin Newsom has signed legislation that will increase the amount of paid sick leave days California workers are eligible for. The law, SB 616, will expand the minimum number of paid sick leave days that employers are required to provide to five days (40 hours)...
Fifteen Warning Signs of Workers’ Comp Fraud
Workers' compensation fraud costs the insurance industry roughly $5 billion each year, according to estimates by the National Insurance Crime Bureau. Depending on whom you ask, fraud accounts for as much as 10% of the costs of all workers' comp claims. This type of...
Bills Would Expand Paid Time Off, Who Can Take Family Leave
Two bills wending their way through the state Legislature would increase the amount of sick days workers in the Golden State can take as well as expand — once again — the definition of "family" for the purposes of paid family leave. Business groups have come out...
DOL Proposes Massive Increase in Overtime Pay Threshold
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 $55,000. If the proposed rules become permanent rules, employers...
Bill Would Require Workplace Violence Prevention Plans for All Employers
A controversial bill that would require every employer in California to have in place a workplace violence prevention plan has been passed by the State Senate and is now in play in the Assembly.The bill — SB 553 — would require any company with at least one worker to...
Managing Your Corporate Vehicle Exposure
Automobiles are one of the most significant exposures to loss a company can face. To ensure that you effectively manage your company's vehicle liability and risk exposure, you need to have an effective risk management strategy. Without one, the consequences to your...
‘Nuclear’ Jury Verdicts Blowing Up Businesses
The sizes of large jury verdicts have exploded in recent years, putting a strain on businesses not only for what they have to pay out of pocket, but also the size of the premium they pay for their liability coverage. These damages juries are awarding have gotten so...
OSHA Proposes Changes to Construction PPE Standard
Fed-OSHA has proposed new regulations that would require personal protective equipment for construction workers to be properly fitting. OSHA's main concern is that the current standard PPE doesn't clearly state that the equipment must fit each construction...