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NCCI FAQ Updates
The Workers Compensation Insurance world is being significantly affected by the COVID-19 outbreak. As state insurance laws and rules have been granted to expanding illness coverage and the employees being paid to stay home, numerous questions have been arising on how...
read moreCOVID-19 Workers’ Compensation Premium Rules
State and local governments are requiring many businesses to shut down to slow the spread of Covid-19, yet encouraging these same employers through programs such as the Paycheck Protection Program and other SBA loan programs, to keep employees on the payrolls even...
read morePaycheck Protection Loan Applications
The United States Department of the Treasury has released the office borrowers application for the federally-guaranteed Paycheck Protection Loans that arouse out of the CARES Act that was signed into law last Friday. The application can be accessed on this link. ...
read moreSmall Business COVID-19 Emergency Loans
The recent passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion in 100% federally-guaranteed loans to assist small businesses in keeping workers employed amid the pandemic and economic downturn. The U.S. Chamber of Commerce...
read moreU.S. Small Business Association COVID-19 Loan Information
The U.S. Small Business Association (SBA) has published new resources regarding its Economic Injury Disaster Loan Program and Guidance for Businesses an Employers in response to the COVID-19 virus outbreak. The SBA will work directly with state Governors to provide...
read moreCOVID-19 Alert: IRS Announces Immediate Offset of Paid Leave, Promises “Simple and Clear” Guidance
Our friends at NAPEO have provided an Alert on the new IRS Offse of Paid Leave for employers. IRS Announces Immediate Offset of Paid Leave and Promises "Simple and Clear" Guidance on Exemptions On March 20, 2020, the IRS issued news release IR-2020-57, available here,...
read moreCOVID-19: Florida Governor Activates Emergency Bridge Loan Program for Small Businesses
The State of Florida has implemented its Emergency bridge loan program that is managed by the Florida Department of Economic Opportunity. These loans are interest-free to small businesses that experience economic injury from COVID-19. More information is available...
read moreNJ Companies Must Pay Worker’s Comp For Medical Marijuana, Court Rules
Medical Marijuana has been slowly shaping the world of workers’ compensation law over the last several years. The New Jersey Courts have added a new ruling to the mix.
read moreTrump Administration Issues New Rule on Joint Employer Liability
The Trump Administration announced a final rule setting forth standards for determining joint employer status under the Fair Labor Standards Act (FLSA), a rule that has been sought by franchisers and companies that employ contract workers. The new rule from the...
read moreEmployers Warned of Potential Wage-and-Hour Claims Under New Overtime Rule
Time is running out for employers to familiarize themselves with new federal rules on overtime pay. Starting January 1, the threshold for who is entitled to overtime pay — and who is not — changes. It’s the first change since 2004. The new rule raises the income...
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