Risk Management Archives - Page 4 of 22

02 Apr Largest Minimum Wage Increase in Florida History is Less than Six Months Away

Posted at 13:41h in Commercial Insurance, Employee Benefits, Human Resources, Labor & Employment Law, Risk Management

When Florida enacted its own minimum wage in 2005, the minimum hourly wage went up $1. Despite going up every year since, this is still the largest single increase in Florida history…for now. On September 30, 2021, Florida’s minimum wage will go from $8.65 to...

17 Mar OSHA Launches Program to Protect High-Risk Workers from COVID-19

Posted at 15:06h in Commercial Insurance, COVID-19, Human Resources, Labor & Employment Law, Risk Management, Safety

Did you know that OSHA is specifically targeting restaurants, supermarkets and other businesses for COVID-related inspections? The Occupational Safety and Health Administration recently launched a National Emphasis Program (NEP) to significantly reduce the number of workplace exposures to COVID-19. To accomplish this goal, OSHA will...

27 Feb EEOC’s Enforcement and Litigation Capabilities Endure Despite COVID-19

Posted at 20:57h in Commercial Insurance, Human Resources, Labor & Employment Law, Risk Management

The Equal Employment Opportunity Commission released its enforcement and litigation data for fiscal year 2020. COVID-19, it seems, did not impair the EEOC’s ability to enforce the nation’s equal employment opportunity laws. In 2020, the EEOC: received 67,448 charges of workplace discrimination;responded to more than 470,000...

19 Feb Business Insurance 101: Certificates of Insurance

Posted at 20:16h in Auto Insurance, Commercial Insurance, Condominium Governance, Cyber Risk, Professional Liability, Risk Management

Certificates of Insurance make the business world go round and round. General contractors demand them from subcontractors. Commercial lenders request them from borrowers. Landlords require them from tenants. Virtually every business will request or will be asked to provide a Certificate of Insurance at one...

10 Feb Identity Theft Alert: FBI, HHS Warn of Emerging Fraud Schemes Involving COVID-19 Vaccines

Posted at 22:36h in Cyber Risk, Personal Insurance, Risk Management

Cyber criminals routinely incorporate the “crisis-du-jour” into scams to increase their likelihood of success. COVID-19, it seems, is no exception. In a single week, Google saw 18 million coronavirus-related malware and phishing emails…per day! It’s gotten so bad that the Federal Bureau of Investigation, the...

19 Jan Don’t Let Weak Site Security Compromise Your Business’s Cybersecurity

Posted at 15:50h in Cyber Risk, Risk Management

Setnor Byer Insurance & Risk Small businesses spend a lot of time and money to protect their sensitive and confidential information, and rightfully so. Data breaches can lead to crippling, often insurmountable financial and reputational harm. Unfortunately, many businesses overlook the most basic security measures. Cyber...

29 Dec COVID-19 Update: FFCRA’s Mandatory Paid Leave Provisions Expiring December 31st; Tax Credits Extended Until March 31, 2021

Posted at 18:51h in Health Insurance, Human Resources, Labor & Employment Law, Professional Liability, Risk Management

Setnor Byer Insurance & Risk On December 27, 2020, the second major coronavirus stimulus package was signed into law. The COVID-Related Tax Relief Act of 2020 includes a number of relief measures to address the health and economic impacts of the COVID-19 pandemic. But, what about...

28 Dec Can Employers Make the COVID-19 Vaccine Mandatory for Employees Under the Americans with Disabilities Act?

Posted at 14:19h in Americans with Disabilities Act, Commercial Insurance, Labor & Employment Law, Professional Liability, Risk Management, Safety

Setnor Byer Insurance & Risk The COVID-19 vaccines provide a glimmer of hope as new cases surge nationwide. It also raises some interesting questions for employers. How, for example, will the vaccine’s increasing availability be viewed in the context of the Americans with Disabilities Act (ADA)?...

23 Oct Ransomware Attacks Are Becoming More Common and More Expensive

Posted at 16:15h in Cyber Risk, Risk Management

Setnor Byer Insurance & Risk Did you know that the average ransomware demand in the first quarter of 2020 was $111,605? Ransomware is a type of malware that encrypts critical data so it cannot be accessed without a decryption key. Victims must, you guessed it, pay...

21 Sep October is National Cybersecurity Awareness Month

Posted at 16:43h in Cyber Risk, Risk Management, Safety

Cybersecurity Awareness Month was launched in 2004 to promote online safety and security. This is particularly important in 2020 because so many things took a back seat when coronavirus disease 2019 arrived. COVID-19 may dominate the headlines, but data security breaches continue to pose a...

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