Van Beurden Insurance

September 6, 2019 In Business Insurance, Workers Compensation By Casey Kolb

It Doesn’t Take a Weatherman to Forecast 2020 Reinsurance Price Hikes Due to Hurricanes

Ratings agencies like Fitch, Moody’s and S&P Global are expecting higher reinsurance renewal rates in 2020, caused by big insurance losses from hurricanes, wildfires and other natural disasters over the past two years. For several years we’ve grown used to rates falling due to competition and fewer natural disasters. Renewal rates...

May 14, 2019 In Auto Insurance, Business Insurance By Casey Kolb

Will the Commercial Auto Market Improve?

With the auto sector taking rate increases, what are business owners doing to minimize the increase to their bottom line? What procedures are they putting in place to minimize the rate increase? What does the future look like and how will auto rates impact future budgeting cost for business...

February 13, 2019 In Business Insurance, Workers Compensation By Casey Kolb

Work Comp Rates Are Rising Again. What to do?

What Van Beurden Insurance predicted has come to pass: Workers’ Compensation Insurance rates are going up, up, up. It was inevitable. The cycle between rates up and rates down used to be abrupt and surprising, but now, after Work Comp was stabilized in California several years ago; the rise in rates...

January 22, 2019 In Business Insurance, Workers Compensation By Casey Kolb

New Rules: All Employers Must Report Work-Related Incidents to OSHA, Many Required to Keep More Records

Outlined in this blog are new OSHA 300 reporting and recording requirements every employer needs to know. All employers have new requirements regarding keeping records and reporting work-related incidents. Employers with 11 or more employees have additional new responsibilities. Reporting Requirements All employers must report the following work-related incidents to the Occupational Safety and...

November 7, 2018 In Business Insurance, Workers Compensation By Casey Kolb

Do You Know About These Sexual Harassment Training Modifications?

There’s new legislation that affects every business with five or more employees. On September 30, 2018, California Governor Jerry Brown signed SB 1343, legislation that modifies the California Fair Employment and Housing Act (FEHA) sexual harassment training requirements as follows: By January 1, 2020, California employers with five or more employees (it...

October 24, 2018 In Uncategorized By Casey Kolb

Federal Law Protects Disabled Employees, Confuses Employers

In 2018, Federal law covering how employers manage their employees has grown complex and confusing. Navigating through the ever-changing legal parameters of managing an employee’s injury is, for many employers, into a difficult, time-consuming and costly. Here’s a local example reported in the Insurance Journal: a locally-owned Central California grocery is...

August 21, 2018 In Business Insurance, Professional Liability By Casey Kolb

Property & Casualty Losses Hit $25.3 Billion in 2017

I recently wrote an auto insurance policy for a new client, and due in large part to the insured’s claims spiraling out of control, premiums increased from $77,000 annually to its current annual premium of $225,000!While we were not the broker on the previous policy, we are now the ones...

July 19, 2018 In Uncategorized By Casey Kolb

California Surpasses 1,000,000 Contractor Licenses

The State of California Contractors State License Board (CSLB) passed a milestone earlier this year when it issued its one-millionth contractor license to a LA County tree service. I agree with CSLB Registrar Condi Christenson that this milestone says a lot about the resiliency of the construction industry. “Despite ups and...

June 14, 2018 In Workers Compensation By Casey Kolb

3 Trends That Impact the Price of Your Work Comp Insurance

This will be an uncertain one for Workers’ Compensation rates as some programs will see some prices flat and others dropping, according to a market prediction from USI. Plus, medical cost inflation will continue; it’s expected to rise 6 percent year over year, according to Insurance Journal. What that means is...

May 17, 2018 In Business Insurance, Workers Compensation By Casey Kolb

Cal/OSHA Advisory: Submit Federal OSHA Injury Reports by July 1

Though Cal/OSHA has not yet adopted a state rule, it is advising employers to comply with Federal OSHA's directive to provide Form 300A data covering calendar year 2017. Federal OSHA requires affected employers to submit their data by July 1, 2018. Beginning in 2019 and every year thereafter, covered establishments must...