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Employers Wrestling with Fiduciary Benefits Compliance Issues, Leave Laws

A new report has found that employers are increasingly wrestling with two challenges in their human resources departments: growing employee benefits fiduciary liability issues, and administrative difficulties in managing employee leaves. Employers are facing lawsuits by employees who allege they mismanaged their health and wellness benefits, and recently enacted legislation has increased their fiduciary responsibilities,…

Fire insurance L.A. fires

How the L.A. Fires May Affect Your Commercial Property Insurance

The fires that have ravaged large swaths of homes and businesses in Los Angeles are likely to significantly alter the California commercial property insurance market. Policyholders may need to brace themselves for surging premiums, policy non-renewals and uncertainty. These wildfires will result in record payouts by insurers. Moody’s RMS estimates insured property losses from the…