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...
by Ridgemark Insurance | Jul 18, 2023 | Uncategorized
Skyrocketing claims costs and higher accident rates are pressuring the commercial auto insurance market, as insurers impose increasingly larger rate hikes and more are pulling out of the market or restricting who they will cover. While rate increases have been the...
by Ridgemark Insurance | Jul 11, 2023 | Uncategorized
Commercial property insurance rates remain stubbornly high in California for businesses with properties that are susceptible to wildfire risks. Coverage is relatively easy to find at reasonable prices in any of California’s larger cities, but in small cities and...
by Ridgemark Insurance | Jul 4, 2023 | Uncategorized
The Equal Employment Opportunity Commission has released an updated version of the “Know Your Rights: Workplace Discrimination is Illegal” poster to account for upcoming changes to workplace anti-discrimination laws. The Pregnant Workers’ Fairness Act, signed into law...
by Ridgemark Insurance | Jun 28, 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 | Jun 20, 2023 | Uncategorized
Under new U.S. Treasury Department rules, businesses with fewer than 20 employees and less than $5 million in annual revenue will have to start reporting ownership and control information to the federal government every year. The requirement, issued under the...
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