On July 1, 2020, the workers comp and payroll obligations of California Assembly Bill 5 (CA AB 5) will come into effect. Here's what you need to know: 1- What is AB 5 and what is its purpose? AB 5 was signed into law by the CA governor in September 2019 and goes into effect [...]
According to a 2018 report from Liberty Mutual, businesses pay billions in direct costs every year due to workplace injuries. When it comes to safety compliance, your team follows your lead. As a leader, you must stress safety in words and action. An effective workplace safety strategy succeeds when it includes the following 6 [...]
Picture this: Your client is getting ready for a big night out, and has the perfect diamond necklace to go with their outfit. But when they look for it, it's nowhere to be found! This valuable jewelry is gone without a trace. It's a bad situation, and it's all too common. Who do they [...]
The transportation industry is seeing an increased number of companies leasing their vehicles to owner-operators for expense savings. However, owner-operators create an inherent risk for these companies because their injuries and accidents are not covered by Workers’ Compensation like they would be as a full-time employee. The only way for independent contractors and motor [...]
The White House is increasing pressure on insurance carriers to reevaluate what is considered a “covered loss” during the COVID-19 pandemic. How a Workers’ Compensation carrier will take coverage definitions and respond to a COVID-19 claim is changing so quickly that what might not have been covered yesterday, may be covered today…or tomorrow. [...]
Certificates of Insurance programs are the cornerstone of Workers’ Compensation protection in the construction business. A Certificate of Insurance (COI) is a form that provides proof of an active Workers’ Compensation policy. The document specifies a variety of details such as the policy holder, insurance provider, and the dates of active coverage. Here are [...]
Could you recall every valuable item you have in your home if I blindfolded you right now? Think about every drawer, every closet, the garage, etc. Most of us could not, which is why a complete home inventory is so important. Having an inventory of your personal property is essential for both you and your [...]
Risk Innovations has been selected for the 2020 Best of Atlanta Award in the Insurance Agents & Brokers category by the Atlanta Award Program. Each year, the Atlanta Award Program identifies companies that they believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive [...]
Rentable electric scooters are a fledgling transportation service. Their ease of access and utility have allowed companies in the space to quickly expand across the US. As e-scooters become an increasingly popular mobility option, questions regarding insurance coverage are rising. E-scooters are not technically considered automobiles, which means they aren’t covered by traditional auto insurance [...]
Perhaps you made New Year’s Resolutions to improve all areas of your life, vowing to close more business deals, be more organized, and eat more kale. According to U.S. News & World Report, 80% of us give up on our New Year's resolutions by mid-February. We often fail because our goals aren’t specific enough. Resolving [...]
