WASHINGTON — The number of Americans filing for unemployment benefits rose more than expected last week, the Labor Department said on Thursday, suggesting some loss of momentum in the labor market during a sharp economic slowdown and stock market sell-off. Continue reading
Las Vegas is a place where visitors and residents have almost everything at their fingertips, all hours of the day and night. Over the years many things have changed, but the hospitality industry has always been a constant in Las Vegas. Looking back, hospitality also played a huge role in my career. I have had the pleasure of working with several entertainment companies and nightclubs to ensure proper insurance coverage was in place for these facilities. Continue reading
The most disabling nonfatal workplace injuries cost U.S. employers nearly $62 billion in 2013, according to Liberty Mutual Research Institute for Safety’s 2016 Workplace Safety Index, published Thursday. Continue reading
Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the past several years. The negative outlook indicates A.M. Best’s expectation of more downgrades than upgrades in the coming year.
At the same time, A.M. Best is also holding over its stable outlook on the personal lines segment of the U.S. P/C industry. Continue reading
State legislators in Ohio and Florida are moving ahead with regulations governing Uber and other ride services that would designate all drivers as independent contractors, bolstering a critical but much-disputed aspect of Uber’s business model.
The states would join North Carolina, Arkansas, and Indiana in requiring the contractor designation as part of new laws governing so-called transportation network companies, a Reuters review of state legislation showed. Continue reading
A big part of the construction industry is insurance. Why? Well, it is simple – construction is a risky business. All construction projects have a defined set of risks; bad weather, non-payment, safety concerns, construction defect, property damage, the list goes on and on. As a contractor and a consumer it is important to be sure all parties working on your home, or jobsite, have proper insurance coverage in all areas of risk. Continue reading
Unlike other stalwarts of the on-demand economy, however, janitors and cleaners summoned through the Managed by Q app receive stable incomes, benefits, and the potential to earn promotions. This is only possible because Q hires its entire workforce of over 400 people as W-2 employees rather than relying on temporary labor from independent contractors. None of Uber’s over 160,000 U.S. drivers fall under this classification—yet. Continue reading
Employers are nervous about the changing nature of the employment relationship. The Department of Labor now presumes that almost all workers are employees, not independent contractors. The National Labor Relations Board now views temp workers to be essentially the same as regular employees. Continue reading
