What Independent Agents Should Know About Third-Party Litigation Funding
A new trend affecting the insurance industry is third-party litigation funding, or TPLF. The US government defines TPLF as “an arrangement in which a funder who is not a party…
Summer Safety Tips to Avoid Warm Weather Workers Comp Risks
Summertime is often full of fun and sunny weather. But the relaxed season can also bring heightened workers’ compensation risks. Brushing up on summer safety tips can help keep workers…
Five Ways to Prevent Workers’ Compensation Claims
Most states require workers’ compensation insurance, but that doesn’t mean you want to use it. Multiple claims lead to higher premiums and possible fines from your workplace safety agency. Also,…
Can Remote Employees Receive Workers’ Compensation?
Workers’ compensation insurance covers injuries that occur in the course of employment. That includes work-related activities by an employee during work hours. You are likely accustomed to considering workers’ compensation…
Should Your Agency Require Subcontractor Insurance?
Your independent insurance agents and other 1099 contractors will likely hire subcontractors. Many of these people and small businesses offer specialized services, including IT, office remodeling, or temporary clerical assistance.…
Respondeat Superior & Independent Contractors: What is Your Agency’s Liability?
You likely carry E&O insurance to cover mistakes made by your agency employees. While you hope no one makes errors or omissions while administering insurance policies, those are expensive incidents,…
Can Independent Contractors Sue Your Insurance Agency?
Many employers, including insurance agencies, see independent contractors as a get-out-of-liability-free card. The reality is different. Independent contractors also have rights, and failing to recognize that can place your agency…
Best Practices for Non-Compete Agreements
It is tough when an agent wishes to move on to a new agency or company. You lose that person’s expertise and connection with clients. But there is also another…
Beyond Commissions: Avoiding Independent Contractor Pitfalls in Federal and California Law
Agency owners have an unfortunate tendency to assume all agents paid on commission are automatically independent contractors. This assumption can become an expensive legal mistake; mislabeling employees as independent contractors…
2019 California Employment Laws
Insurance agents and brokers are employees and employers too. That being said, here’s what they should know about new workplace requirements and restrictions in effect in 2019: