Contracts are a common and unavoidable part of our modern lives. Whether it’s starting a new job, hiring a landscaper, or buying/selling a vehicle, there’s no getting around the need to sign contracts. In an ideal world, an agreement should protect both you and the other signing parties: each party should be contractually responsible for […]
With fires, floods, earthquakes, and windstorms happening across the country, it’s a good time to check your coverage. The extreme climate changes we’re all experiencing might suggest an adjustment in your coverage is warranted. Are your policies ready to respond the way you would want them to? UWIB’s service team can help you find out […]
Scientists (and Bill Gates) have been warning us about the risk of a large-scale pandemic for quite some time. If you weren’t fully aware of the impact such an outbreak could have on business, you certainly are now. According to a June 2020 report by The World Bank, the world is predicted to see at […]
A great Wealth Manager does more than just trade stocks on behalf of their clients. Your most valuable clients expect you to be proactively looking for ways to keep their assets safe. Working with a qualified Risk Advisor to make sure your clients have the right insurance products in place can do just that. We […]
Yesterday we learned that the California Legislature has plans to extend Governor Newsom’s Executive Order related to COVID-19 and worker’s comp claims. If signed into law, COVID-19 “outbreaks” in places of employment would automatically be eligible for worker’s compensation claims. This would apply not only to frontline jobs like doctors and nurses, but to all […]
The National Council on Compensation Insurance (NCCI) currently utilizes over 700 class codes. These four digit codes represent the specific work duties and job classifications assigned to each employee. Code classifications contain detailed descriptions of work and represent the hazards associated within the process of their job duties. For Example Class code 8810 is for […]
Over the last decade or so microbreweries, craft breweries and brewpubs have exploded coast to coast. Today, there are more than 2,300 breweries and brewpubs in the U.S. There are a number of risks brewery owners and managers face manufacturing and selling beer. The specific insurance needs of each brewery are unique depending on the […]
“What are workers compensation rates and where do they actually come from?” is a question we often hear when assisting start-up breweries. Even established brewery owners and managers ask this question. Let’s face it, your job is to make fantastic beer not to understand the nuances of insurance. Breweries may not know or remember how […]
Everyone is touting Small Businesses are getting LOTS of help. But this is how it REALLY is! The Paycheck Protection Program is not much help for the majority of “mom and pop” shops throughout the country, who are often sole proprietors or an LLC with few to no employees or mostly part-time employees. In […]
On 4/17/20, the WCIRB put out the formal announcement which affirms earlier speculation. This is good news for our clients that have been impacted by the COVID-19 devastation. -SUMMARY- COVID claims will not impact the experience modification 2. Payroll for employees staying at home, he WCIRB just put out the formal announcement which reaffirms our earlier email. […]