Insights
AB 5, the ABC Test, and What They Mean For California Businesses
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...
Six Ways Leaders Promote Workplace Safety
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...
Important Coverages for Motor Carriers using Owner-Operators
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’...
Workers’ Compensation COVID-19 Claims Update
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...
Why Workers’ Compensation COI Programs are Essential for Construction Clients
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...
COVID-19 Dramatically Increasing the Work From Home Population – Now What?
As the coronavirus disease 2019 (COVID-19) outbreak continues to spread at a rapid pace, Risk Innovations has received an increased number of inquiries regarding work-related COVID-19 claims. Coverage varies with Workers’ Compensation statutes from state-to-state, so...
Risk Innovations Receives 2020 Best of Atlanta Award
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...
Resolve to Improve Your Time Management Skills
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...
How Employee Age Impacts Workers Compensation Utilization
According to the Bureau of Labor Statistics, the number of people ages 55 and older in the workforce will reach 24.9% in 2024 – up from 11.9% in 1994. Prompting this uptick in working Boomers are two factors: They can’t receive full Social Security retirement benefits...
Workplace Safety Increases as Workers’ Compensation Claims Drop
Regulatory reforms and advancements in workplace safety have caused the frequency and severity of Workers’ Compensation claims to decline significantly. As injury rates drop, Workers’ Compensation costs also decrease; providing significant benefits to the employers....
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