All California Employers with 5 or more employees are now mandated to offer a retirement savings vehicle or facilitate their employees’ access to CalSavers. Registration and compliance are subject to the following schedule:               100+ employees must certify by 6/30/2020 50+ employees must certify by 6/30/2021 5+ employees must certify by 6/30/2022 Note that employers must … Read moreSenate Bill 1234 – Mandatory Retirement Plans. Are you ready?

Centralize Responsibility for Digital Data Security Appoint one person to be responsible for identifying and correcting weak points in the organization’s computer security system. This may be the responsibility of the company’s chief information officer, IT manager, or risk manager. The crucial point is that a single individual should be accountable for discovering and fixing … Read moreSteps to Reduce Cyber Liability Exposures

Worldwide Insurance Coverage  – Not always that wide If you are doing business outside of the US, then having worldwide coverage is important. What we often find however, is companies relying on what is labeled as “worldwide” coverage in their domestic CGL policies. Review of the fine print usually points out that the policy will … Read moreWorldwide Coverage – Not Always That Wide

Legislation such as the Family Medical Leave Act and the Americans With Disabilities Act, plus a growing number of job-related lawsuits and claims, have created the need for business owners to consider a type of insurance known as employment practices liability insurance, or EPLI. An EPLI policy offers insurance protection against claims and lawsuits that … Read moreWhat Is Employment Practices Liability Insurance, or EPLI?

Property Casualty 360, insurance industry news magazine, recently posted an article talking about appropriately assessing cyber security risks. The article made several good points to consider: All cyber policies are not created equal – so, buyers need to be very clear about their own particular exposures and what coverages they need and want so as … Read moreAll Cyber Policies are Not Created Equal

CA Consumer Privacy Act – Jan 2020 Met with Virginia Aherin of Netlok last week. We were talking about cybersecurity insurance and the struggles companies were having in trying to protect their data, their systems and meet compliance. Virginia provided valuable information on the new law related to consumer protection and what businesses need to … Read moreCA Consumer Privacy Act – Jan 2020

All companies, regardless of size, should look to their personnel policies as the first line of defense against both the number and severity of employment-related claims. EPLI coverage is another valuable tool in a comprehensive risk-management arsenal.  EPLI policies are written on a claims-made basis. This simply means that covered claims must be reported to … Read moreHow does employment practices liability insurance protect your business?

Directors and Officers being held liable in cyber breach cases has landed the matter squarely on the dashboard of all Boards and top level executives. Board members are now being held accountable to a minimum level of care – knowledgeable on the risk and compliance requirements as pertinent to their company and, actively over-seeing the … Read moreCyber Liability and Security Executive Management and Board Member Primer

A few Active Shooter insurance policies have emerged, however one type has been around since 2005 and provides broader coverage to include any deadly weapon event. The policy is called Firestorm and is triggered by the mere brandishing of a weapon with the intent to threaten or harm.  Active Shooter policies are focused on events … Read moreActive Shooter Insurance Policies