Even while cyberattacks increase, the cost of cyber insurance has been dropping thanks to businesses implementing better controls to thwart such activity and reduce their losses if they become victims of a malicious attack, according to a new report. Rates fell an...
The size of jury awards has been exploding in the last few years, and they are often exceeding the limits that businesses have on their liability policies. These excessively large awards are known as “nuclear” verdicts, which are defined as those with damages of $10...
California Insurance Commissioner Ricardo Lara has ordered that the state’s average benchmark workers’ compensation rate be cut by 2.1%, starting Sept. 1. The decision rejected the Workers’ Compensation Insurance Rating Bureau’s recommendation that the benchmark rate...
Cal/OSHA’s indoor heat illness prevention regulations took effect July 24, requiring employers to implement safety measures when indoor workplace temperatures reach or exceed 82 degrees Fahrenheit. The new rules apply to most indoor workplaces, such as restaurants,...
Business e-mail compromise scams are now the most common type of cyber attack businesses face, and all types of these attacks are showing no signs of letting up, according to a new report. Nearly three out of every four businesses were targets of these types of...
Changes are once again coming to Fed-OSHA’s Hazardous Communications Standard, which governs the handling of chemicals and other dangerous substances. OSHA’s final rule, which takes effect July 19, 2024, will bring the standard in line with the latest update to the...
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