by Ridgemark Insurance | Aug 29, 2023 | Uncategorized
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...
by Ridgemark Insurance | Aug 22, 2023 | Uncategorized
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...
by Ridgemark Insurance | Aug 15, 2023 | Uncategorized
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 worker...
by Ridgemark Insurance | Aug 8, 2023 | Uncategorized
A recent decision by the U.S. Supreme Court will make it more difficult for employers to deny employees’ requests for religious accommodations in the workplace. The unanimous decision by the court in the case of Groff vs. DeJoy basically upends a standard for...
by Ridgemark Insurance | Aug 1, 2023 | Uncategorized
California Insurance Commissioner Ricardo Lara has issued an order that cuts the average advisory workers’ compensation benchmark rate across all classes by 2.6%, starting Sept. 1. After holding a public hearing in June, Lara rejected the Workers’ Compensation...
by Ridgemark Insurance | Jul 25, 2023 | Uncategorized
After two years of massive rate increases, cyber insurance market pricing has been softening and transitioning into a buyers’ market, according to a new report by Aon Plc. In 2021 and 2022, 100% rate increases for cyber liability insurers were common, but a number of...
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