As the economy hums along, we are sharing the roads with more trucks than ever before.
Unfortunately, many people do not exercise the extreme caution required when driving around 18-wheelers, container trucks and buses. And if there is an accident, due to their sheer size and weight, they can crush a passenger vehicle, seriously injuring or killing the occupants.
While the Trump administration has eased off a number of regulations and enforcement actions during the past two years, Fed-OSHA continues focusing on the safety of temporary workers as much as it did under the Obama presidency.
This puts the onus not only on the agencies that provide the temp workers, but also on the companies that contract with them for the workers.
What happens if your business suffers property damage or a supply chain disruption and is forced to stop operations either fully or partially? Will your insurance cover the work stoppage or slowdown?
It’s important to understand how your insurance can protect you from the resulting financial loss. In addition to potential recovery for property damage from your property/casualty policy, you may be able to recover lost revenue from your business interruption coverage. If your operations are disrupted - completely or partially - the language of your policy will determine if, and for how long, your insurance company will cover the loss.
One of the biggest mistakes people make in planning their health and life coverage is assuming they'll never need long-term care services, or that if they do need these services, they will pay for them with their savings.
Many people shy away from long-term care insurance because they worry about premium hikes or the fact that if they don't use the coverage, they never benefit from their premium payments. But now there is a policy that melds long-term care insurance with life insurance.
On December 19, 2018, the Department of Health and Human Services (HHS) issued proposed regulations to rescind the requirement that employers and plan sponsors obtain and use a unique health plan identifier (HPID).
A new year brings new issues for HR professionals to contend with. Some challenges are similar to previous years (overtime uncertainty), while others are more unique and complicated (legal marijuana and employment). Despite inherent difficulties, staying tuned in to these six trends can keep you ahead of the game in 2019. Ignoring them will only put you behind.
Below are the top trends to monitor in the coming months.
While life insurance may seem confusing and is not a topic people want to address, it is important to have life insurance and to pick the right type of policy. There are different options, and the right option for one person may not necessarily be the right option for another person. Each one has advantages and disadvantages.
As the number of data breaches involving smaller businesses continues to grow, a survey by The Hartford finds 85% of small business owners said a potential breach of their own data was unlikely, and many are not implementing simple security measures to help protect their customer or employee data.
The relationship between employer and worker is not always straightforward. Even the IRS has made it clear that it’s not easy to classify independent contractors and employees. Every case they evaluate is different based on a wide variety of factors.
In the case of Acosta v. Jani-King of Oklahoma, Inc., the Tenth Circuit Court of Appeals overturned the lower court’s ruling, instructing the district court to consider “economic reality factors,” including:
Continue reading for an article by CHUBB that provides important information on the risks of misclassifying workers.
Most goods in the U.S. are delivered by long-haul truck drivers. Businesses don’t often think about the unhealthy side effects that come with the truck-driving profession, and that can spell trouble for the drivers and for business profitability.
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