Valencia Insurance Blogs: Commercial Insurance

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California Insurance Commissioner - See all the latest announcements related to COVID-19 May 15

Listed below are the latest updates coming from the office of CA Insurance Commissioner Ricardo Lara. These are the items LBW sees as being most relevant to our clients during the COVID-19 pandemic. This page will be updated as new items are released. Reach out to your LBW ...

LBW Webinar - Insurance Refunds, Claims, and Updates, Oh My! May 04
LBW partnered with the Santa Clarita Valley Chamber of Commerce and the Santa Clarita Valley Economic Development Corporation to provide an update on ...
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Insurance Carriers to Announce Premium Refunds, Credits, and Reductions in Response to Insurance Commissioner’s Latest Order. Apr 17
Scroll down to see updates from carriers on how they will comply with the CA Insurance Commissioner's order to provide refunds. On Monday, April 13th, ...
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Will My Business Interruption Insurance Cover My COVID-19 Related Losses? Mar 31
Will My Business Interruption Insurance Cover My COVID-19 Related Losses? This, of course, is the million dollar question right now (or how ever many ...
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Small Business Administration offers Economic Injury Disaster Loans in Wake of Pandemic Mar 17
Small Business Administration offers low-interest, long term Disaster Loans. The SBA will work directly with state Governors to provide targeted, ...
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Work Comp Officer Exclusion Threshold Changing to 10% Jun 20
Important notice for our clients who carry Workers Compensation insurance Last year, state law AB2883 changed officer exclusion criteria making it so ...
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2017 Experience Modification changes Aug 10
In the fall of 2016, agents and insureds will start to see 2017 experience modifications. For some the new changes will mean lower experience ...
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Employee Dishonesty and Fraud On The Rise Aug 09
Employee Dishonesty and Fraud are on the rise… Some facts*: Employers lose about 6% of their annual revenue to employee theft, forgery or computer ...
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Complicated Minimum Wage and a New Labor Law puts Officers’, Directors’ and Managers’ Personal Assets on the Line Jul 07
Personal Liability If you are an Officer, Director or Manager, a new statute in California might make you personally liable for your company’s Wage ...
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