On May 18, 2016, the Department of Labor (DOL) released a new rule overhauling overtime wage payment in the United States. The new rule will more than double the salary threshold that employees must meet to qualify for the overtime wage exemption. Under the new rule, the salary threshold will increase from $23,660 to $47,476 per year. It also increases [...]
As you may have heard, in November 2015, Congress enacted legislation requiring federal agencies to adjust their civil penalties to account for inflation. The Department of Labor is adjusting penalties for its agencies, including the Occupational Safety and Health Administration (OSHA). In a nutshell, OSHA’s maximum penalties, which were last adjusted in 1990, will increase by 78%. Going forward, the [...]
From email scams to impersonation, it is essential for businesses to prepare with training and education on best practices to mitigate and prevent exposure to these newest forms of thievery.
In business, we hope that our employees are looking for opportunities to minimize wasted time, be the most productive, and do their best work as efficiently as possible. However, workarounds done in the name of efficiency could be your business' future security issue. This interesting article from Data on the Edge, 5 Ways Your Employees Sidestep Information Security Policies, highlights the [...]
Are you prepared to accommodate disabled golfers? How would you handle this situation at your club? In case you missed it… click here for Boston Globe article. Questions we ask club clients: What is your plan for accommodating disabled golfers? Do you allow SoloRider and ParaGolfer? Our Research at DG: An average adult male standing on a green will exert 6 [...]
By Charles Gibson Jr. Vice President, Risk Advisor Last week I attended a morning meeting presented by First Republic Bank: Cyber Security for the C-Suite. The presentation consisted of three speakers moderated by First Republic’s COO Michael Selfridge. The panelists were from the FBI, Secret Service and the Bank’s Chief Information Security Officer. The first statistic that blew me away [...]
Both new & old warehouses are often incorrectly considered to be fire-resistant. But while the buildings themselves may be; wall insulation, ceiling tiles, and furnishings can be flammable. Stay prepared by choosing the correct Fire Extinguishers for your workplace, and training designated individuals to use them properly. See this handy guide from the Massachusetts Education & Government Association below, or [...]
As a merchant that accepts credit cards it is imperative that you understand the repercussions of the recent liability shift. Not being in compliance can be extremely costly to your firm as any fraudulent charges will be a liability of your firm, not the credit card company. If your company accepts credit cards and you do not have an EMV [...]
Deland, Gibson’s LIFT Program (Liability Insurance for Fitness & Training) will tailor a loss control program that suits your needs. The objective of the LIFT Program is to identify business, strategic and hazard risks in your company and to manage them in the following five ways: mitigation, transfer, prevention, finance, and assume. Topics of this White Paper include Hiring Procedures, [...]
In the event of a claim, a well written insurance policy should provide the means to bring a condo back to where it was before the loss. But why even go that far? Why go through the aggravation brought on by the claim process when the loss likely could be avoided in the first place?