Author: Sarah Bishop, PRISM Underwriting Manager Despite historically hard general liability market conditions, PRISM successfully renewed the GL1 Program on July 1, 2023 with more than a 98% member retention. While rates unfortunately increased, we were able to maintain the $25 million per occurrence program limits. Coverage remained as expiring [...]
At the May GSRMA board meeting, the board voted to amend the current JPA bylaws. These changes were made in efforts of maintaining pool flexibility while also adding needed areas for accreditation compliance. An overview of the changes include: Confirms that the Board can make an exception to the requirement [...]
Payroll audits and premium “true-ups” are standard in the insurance and risk pool arena – especially when it comes to workers’ compensation insurance. While this is just a small part of a carrier’s or risk pool’s process to charge adequate but competitive premiums to their clients or members, it may be [...]
Protecting your agency against ransomware attacks is of utmost importance in today's digital landscape. This article will provide you with key information on safeguarding your organization through the use of backups and best practices. We will explore the critical role of backups in preventing ransomware attacks, how threat actors attempt [...]
During the May meeting of the GSRMA Board of Directors, the Board gave its approval for the 22-23 Risk Management Accreditation Program (RMAP) awards. This program, which is voluntary, was created to assist our member agencies in adopting best practices and ensuring regulatory compliance. GSRMA members who actively engage in [...]
After a long hiatus due to focusing on the COVID-19 Pandemic, Cal/OSHA is again revisiting an Indoor Heat Illness Standard. The standard is currently under a 45-day Public Comment Period, with the Cal/OSHA Standards Board having a public hearing May 18th, 2023. Barring changes from the public hearing, the standard has [...]
Many GSRMA member agencies are afforded pollution coverage through Public Risk Innovation, Solutions, and Management’s (PRISM) Pollution Program. The Pollution policy is written on a claims made and reported basis. Any known claims and all known incidents that could give rise to a claim must be reported to the company [...]
Common Performance Review Distortions and Retaliatory Decision-Making that Leads to Wrongful Termination and Retaliatory Termination Lawsuits by Patricia Eyres, Managing Partner Eyres Law Group, LLP There are many bases for claims of wrongful termination under California law. The types of claims range significantly and fall into two broad categories: Discrimination [...]
Cal/OSHA has recently released their permanent COVID-19 Non-Emergency Regulation. This regulation has been several years in the making, and has some changes moving forward including: The Non-Emergency Regulation will be in effect for a minimum of 2 years from the effective date of 02/03/23 Records must be maintained for a [...]
Per OSHA injury and illness recordkeeping and reporting requirements, Wednesday, February 1, is the deadline to tabulate your annual OSHA Log Summary (OSHA Form 300A) and post it in a common area where notices to employees are usually posted. This is the summary only (300A), not the OSHA 300 Form. [...]