Posts by Insurance News Editor
Temporarily closing a facility or downsizing operations
If you are closing a facility or downsizing operations as a result of COVID-19, the best way to reduce the exposure of property loss during idle business periods and increase the likelihood of a positive transition back to full business operations, is to have a facility plan which encompasses the following best practices: Secure all…
Read MoreCOVID-19: Temporarily closing a facility or downsizing operations
If you are closing a facility or downsizing operations as a result of COVID-19, the best way to reduce the exposure of property loss during idle business periods and increase the likelihood of a positive transition back to full business operations, is to have a facility plan which encompasses the following best practices: Secure all…
Read MoreHow a Recession Affects Return to Work by Injured Workers
With the COVID-19 virus causing economic disruption, the Workers’ Compensation Research Institute would like to share the findings from a study it published in 2010 that sheds light on how a typical recession affects the return to work of injured workers. The study Recession, Fear of Job Loss, and Return to Work asks: what is the impact…
Read MoreTreasury and IRS Issue Guidance on Deferring Tax Payments Due to COVID-19 Outbreak
Washington – Following President Donald J. Trump’s emergency declaration pursuant to the Stafford Act, the U.S. Treasury Department and Internal Revenue Service (IRS) today issued guidance allowing all individual and other non-corporate tax filers to defer up to $1 million of federal income tax (including self-employment tax) payments due on April 15, 2020, until July 15,…
Read MoreAt-Will Employment – Overview
Please note NCSL cannot provide advice or assistance to private citizens or businesses regarding employment-related matters. Please consult your state department of labor or a private attorney. I. The At-Will Presumption Employment relationships are presumed to be “at-will” in all U.S. states except Montana. The U.S. is one of a handful of countries where employment…
Read MoreWhat Is Employment Practices Liability Insurance (EPLI)?
EPLI covers businesses against claims by workers that their legal rights as employees of the company have been violated. The number of lawsuits filed by employees against their employers has been rising. While most suits are filed against large corporations, no company is immune to such lawsuits. Recognizing that smaller companies now need this kind…
Read MoreIN: Eleven Things Your Company Should Know To Reduce Lawsuit Exposure
Dear Valued Customer, The number of lawsuits filed by employees against their employers has been rising. In this issue of “————————-” we focus on wrongful termination from the employer’s point of view. You must do everything possible to avoid work-related lawsuits, but obtaining Employment Practices Liability Insurance (EPLI) to protect your business from workers who…
Read MoreIN: What Is Considered Sexual Harassment?
Dear Valued Customer, In this issue of “————–” we focus on sexual harassment. What exactly is it and how can you prevent it from happening in your workplace. Sexual harassment is a form of sex discrimination that violates Title VII of the Civil Rights Act of 1964. Title VII applies to employers with 15 or…
Read MoreIN: Air Bag Safety: Children & Air Bags Don’t Mix
Dear Valued Customer, In this issue of “————–” we focus on air bag safety. According to the NHTSA, air bags reduce deaths in frontal crashes among drivers by about 30 percent and among passengers by 27 percent. Air bags, however, can be dangerous to smaller individuals, pregnant women and the elderly. Read on and find…
Read MoreVideo: Car Breakdown Safety
Breaking down on a busy road can be dangerous and every year people are hurt or even killed while repairing their cars or waiting for assistance. Follow these simple guidelines to prevent such roadside risks. View Video. Spokespersons: Lon Anderson, American Automobile Association; Sgt. Greg Vanleer, Virginia State Police. Source: Insurance Information Institute, “Car Breakdown…
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