Resecō Inform

Excess liability insurance (ELI), more commonly known as umbrella insurance, is one of the most important types of insurance your company can buy.

It protects your business from holes or limits in existing policy coverage as well as from financially draining lawsuits. Just as you carry an umbrella to protect you from a potential downpour, ELI protects your company from the types of claims that could close your business.

HR Insights Blog HeaderGrief is a natural reaction to the loss of a loved one. The side effects are well-known, including intense sadness, depression and irritability—just to name a few. When employees are grieving, it can be difficult for them to focus on anything other than their loss.

In fact, the Grief Recovery Institute found that grieving workers cost employers between $75 billion and $100 billion annually through lost productivity and absenteeism. That’s not surprising, given that 85% of workers said grief affects their decision making capabilities and productivity levels, according to the same report.

The coronavirus (COVID-19) pandemic has caused uncertainty, stress and worry for many for the past few weeks. Even as businesses reopen and restrictions are lifted, many Americans are experiencing considerable anxiety.

With more than half of Americans reporting to Dynata, a survey insights firm, that they think the COVID-19 pandemic will last six months or more, many health experts are concerned about the nation’s mental health. In fact, according to a recent Gallup poll, nearly 60% of US adults reported daily stress and worry due to the pandemic. While experiencing stress or anxiety over the health and economic fears brought on by COVID-19 is normal, if you don’t take steps to cope with these feelings, you can put yourself at risk for long-term health effects.

News Brief headerCongress has passed legislation to extend the application deadline for a Paycheck Protection Program (PPP) loan through Aug. 8, 2020.

Prior to the extension, the deadline to apply for these funds was June 30, 2020. The extension enables eligible small businesses to apply for funding for five more weeks. The legislation has been sent to President Trump, who is expected to sign the measure into law.

News Brief headerLate on June 25, 2020, President Donald Trump’s administration asked the Supreme Court to strike down the Affordable Care Act (ACA). If successful, such action would eliminate health coverage for up to 23 million Americans.

The administration’s argument hinges on Congress’ decision in 2017 to remove the individual mandate, the tax penalty for not purchasing insurance.

California employers can use these sample plans and policies to establish guidance regarding heat illness prevention. [caption id="attachment_61761" align="alignleft" width="243"] Download "Heat Illness Prevention – California Policy"[/caption] [caption id="attachment_61763" align="alignleft" width="243"] Download "Heat Illness Prevention Plan - California"[/caption]  ...