California Passes Groundbreaking Legislation to Limit Independent Contractors

California Governor, Gavin Newsom, recently signed a new bill that makes it more difficult for companies to classify their workers as independent contractors rather than employees.  This legislation is expected to change the employment status of more than a million workers across California. As a result, these workers will be eligible for workplace benefits [...]

By |2019-11-21T21:08:57-05:00November 18th, 2019|Business, California, Industry Update|0 Comments

How Recessions Impact Workers’ Compensation

Many economists believe that a recession is on the horizon, and Bank of America forecasted a greater than 30% chance of a recession starting within the next year.  How will the predicted economic downturn impact Workers' Compensation claims? The rate of workplace injury and subsequent Workers' Compensation claims drops sharply during recessions and rises [...]

By |2019-11-07T11:29:46-05:00November 4th, 2019|Insurance|0 Comments