by Ridgemark Insurance | Oct 3, 2023 | Uncategorized
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...
by Ridgemark Insurance | Oct 2, 2023 | Uncategorized
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)...
by Ridgemark Insurance | Sep 28, 2023 | Uncategorized
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...
by Ridgemark Insurance | Sep 19, 2023 | Uncategorized
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...
by Ridgemark Insurance | Sep 12, 2023 | Uncategorized
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...
by Ridgemark Insurance | Sep 5, 2023 | Uncategorized
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...
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