PEO Industry News and Topics Archives

PEO Industry News and Topics

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3 minute read

Prestige Named”NY Area’s Largest Privately Held Companies” for the eighth consecutive year

Paul Hughes
December 27, 2019

Congrats Andrew – well deserved! NY-Based Professional Employer Organization (PEO) Ranked #18 – Demonstrating Year-over-Year Growth PrestigePEO, a Professional Employer Organization (PEO) offering affordable, large-company employee benefits and HR services…

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PEO Industry News and Topics

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5 minute read

Insurance Three Card Monte

Sharlie Reynolds
December 27, 2019

Happiest of New Years! “At present, the state of Florida is considering legislation to close “the gap in coverage issue” that they understand as a PEO issue and not an…

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1 minute read

What is California’s Assembly Bill 5?

Mary Beth Eaton
December 26, 2019

On January 1, 2020, Assembly Bill (AB) 5 will go into effect and may impact whether your workers are treated as employees or as independent contractors under California law. The…

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3 minute read

The Art and Science of KPIs

Sharlie Reynolds
December 20, 2019

Key Performance Indicators (KPI) All businesses today strive to identify Key Performance Indicators (KPI) which help them understand how successfully their operations are performing. The nature of the business will…

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PEO Industry News and Topics

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2 minute read

NCCI to Simplify Workers’ Compensation ERM-14’s for Ownership Changes

Paul Hughes
December 20, 2019

Texas Division of Workers’ Compensation is accepting comments on proposed changes to the Experience Rating Plan Manual ….a wonderful idea. The current process for those that acquire a business requires…

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2 minute read

California Workers’ Compensation Written Premium Continues to Decrease in 2019

Sharlie Reynolds
December 19, 2019

Premium decreases in California workers’ compensation may have escalated in 2019, a new report shows. Source: Insurance Journal The Workers’ Compensation Insurance Rating Bureau of California on Wednesday released its…

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PEO Industry News and Topics

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2 minute read

Southern California Blues – High Indemnity Claim Frequency

Paul Hughes
December 2, 2019

In a not so shocking report, it appears that the LA Basin has higher frequency and severity. Those playing in that market need to price for it….thanks to our friends…

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PEO Industry News and Topics

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2 minute read

Another Actuarial Recommendation Refuted by NJCRIB

Paul Hughes
November 25, 2019

The State of New Jersey’s Insurance Commissioner has overruled and improved upon the recommendation given by the New Jersey Compensation and Inspection Bureau (NJCRIB). NJCRIB is the exclusive rating bureau…

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