In October 2015, the much-discussed Payment Networks’ Liability Shift associated with EuroPay, MasterCard, and Visa (EMV) is due to take effect in the United States. It’s a major milestone for financial companies (meaning banks and credit unions), credit card issuers, retailers, and more. There is a great deal of information, and misinformation, afloat regarding the US EMV migration roadmap as presented by the Payment Networks. Shedding some light on the realities involved is helpful for everyone concerned. – See more at: http://www.paymentsleader.com/will-retailers-be-ready-for-emv-by-oct-2015/#sthash.srtKy4Ej.dpuf Continue reading
There are two different insurance policies that will cover employee theft; a commercial package policy with a crime endorsement or a separate crime policy. Many business owners think that their commercial property coverage will protect them against employee dishonesty; however, typically property policies do not cover cash or funds and exclude accounts. Continue reading
evada Hotel and Lodging needs to let the world know just how sustainable they are! I am not talking about the “Sustainability” reports generated by internal Sustainability teams for investors. I am talking about the general public’s knowledge of what is behind the curtain. Las Vegas has just surpassed the 45 million annual visitor mark; in my mind that represents 45 million sustainability ambassadors for the Nevada Hotel and Lodging Industry. Now I know that most of the properties want their guests to experience Las Vegas; for me I want most of our visitors to know Las Vegas. Continue reading
NEW YORK — Expansion of legalized marijuana use for medicinal and/or recreational purposes figures to compound an already complicated web of management and workers compensation liability issues for employers. Continue reading
CARSON CITY — A Nevada bill that would exempt businesses from paying minimum wage to independent contractors earned praise Monday from business owners who say they want the flexibility to hire people on contract.
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The co-insurance clause in a property policy is one of the most confusing and misunderstood terms for policy holders. Co-insurance under a property policy is defined as: “the sharing of risk between an insurer and the insured” which is normally expressed as a percentage. Simply stated, the co-insurance clause affects the amount payable in the event of a partial or total loss. Continue reading
This year there will be new challenges for everyone that files taxes. There is a new employer reporting system for Health Plan Coverage that the IRS will need in order to collect data to see if we are eligible to avoid the individual penalty. Continue reading
Just in time for Valentine’s Day comes research warning against the use of popular dating apps on corporate smartphones. Continue reading
