PEO Compass | Professional Employer Organization Business & Insurance News

Employment Practices Liability Insurance (EPLI) Claims and Premiums Surge

Employment Practices Liability Insurance Pre-Vaccine frequency and severity only to intensify with first vaccine mandate suits filed in September. “It’s common knowledge that the employee practices liability insurance arena nationwide…

Florida Passes Legislation Banning Vaccine Mandate unless certain Exemptions are Provided

The State of Florida legislature passed a new law banning private employers from mandating COVID-19 vaccines unless several exemptions are offered to employees. The ban does not prevent private employers…

Commissioner Approves 5.3% Workers’ Compensation Rate Cut in New Jersey

Workers’ Compensation Rate Cut Just a few days after Florida dropped workers’ compensation rates for 1/1/22 by 4.9%, the New Jersey Commissioner of Banking and Insurance approved a 5.3% decrease.…

Sixth Circuit Court to hear Lawsuits over Covid Vaccine Rules Mandate

Covid Vaccine Rules Mandate Lawsuits The Sixth Circuit Court of Appeals won the “lottery” selection as the court to decide the constitutionality of OSHA/Biden Administration vaccination mandate or weekly tests…

New York’s Departure From Interstate Experience Rating

As of 10/1/22, New York will withdraw from the NCCI interstate rating plan and become an independent bureau. The NCCI announcement is as follows and can be found by clicking…

Libertate Insurance adds new Workers Compensation Carrier – Kinetic Insurance

Kinetic Insurance is a new workers compensation carrier at Libertate Insurance New Libertate Insurance, an Assured Partner company, has added another workers compensation carrier to its impressive roster of existing…

5 Good Reasons to Start a Mentorship Program

Mentorships support new employees so they feel a sense of community and support. They also improve worker satisfaction across the board. Key takeaways: Workplace mentoring offers guidance. It involves…

Cyber Security Insurance Market Lacks Proper Data to Price Risk

…an excellent article on the current state of the cyber market. Thank you to Kevin Thompson and our friends at SecurtiyWeek.com. A couple thought provoking excerpts – “Discussing the 2019…