Does Your Non-Profit Insurance Cover These 10 Key Risks?
Your non-profit is dedicated to serving its mission. You go above and beyond to protect and advance it. But for all the focus put on helping others, you may not have a true focus on what you need to do to protect yourself. “Unfortunately, many non-profits don’t realize until it’s too late that they have… Read More »
Top 10 OSHA Citations From 2020
Here’s a closer look at the data from last year showing the most common cited violations by OSHA and how your business can take proper measures to avoid these all too common fines. #1 FALL PROTECTION For the tenth consecutive year, fall protection finds itself number one on the list. Falls are the… Read More »
How Your Non Profit Can Reduce State Unemployment Costs
Nonprofit, tribal and governmental entities are required to pay for unemployment claims in one of two ways: State Unemployment Insurance (SUI) Tax or Reimbursement Financing (self-insurance). The COVID-19 pandemic has resulted in the filing of more than 55 million SUI claims across the country. As nonprofits begin to re-open, organizations should evaluate the impact of… Read More »
Protect Your Business With PPP Loan Insurance
Exclusive PPP Loan Insurance Have you recently received a loan as part of the Paycheck Protection Program? Your business could be at risk! This exclusive product available through Colony West provides primary coverage for the Paycheck Protection Program Certification process. If your business is subject to an audit and the Small Business Administration (SBA) determines… Read More »
[SURVEY] Do You Approve of The Crisis Response?
What are your thoughts on the recent lockdown policies in Los Angeles county? We want to know the extent of the hardship your business has faced throughout this crisis and your position on how the situation has been handled by our state officials. Take our quick survey to share your stance on the current state… Read More »
COVID-19 Update: California Insurers’ Refund Order Extended
Order to Partially Refund Premiums for California Insurers Extended Through May 31, 2020 California Insurance Commissioner Ricardo Lara has extended the order for insurance companies to partially refund premiums to businesses and consumers in the midst of the coronavirus pandemic. The new bulletin issued on May 15 is directly addressed to all admitted and non-admitted… Read More »
Trade Credit Insurance
YES – Insurance can help when customers don’t pay you Some Businesses ARE getting their BILLS PAID – During this worldwide pandemic event, those who purchased Trade Credit Insurance, also referred to as Receivables Insurance, are getting their invoices paid. Doesn’t matter how big you are, Trade Credit insurance protects your business from bad… Read More »
COVID-19 and Loss of Income
We are, understandably, fielding many inquiries right now about whether or not this Corona virus event would qualify as a Covered Cause of Loss in order to trigger their Loss of Income coverage. Please understand that Colony West can not make a coverage determination for you on behalf of any insurance carrier. We are… Read More »
Does Your Commercial Business Insurance Cover Disease Outbreaks?
A pandemic is defined as a widespread occurrence of a disease affecting an exceptionally high number of the population, in excess of what might normally be expected in a geographical region. Some of the worst pandemics to occur in modern day history include: HIV/AIDS Pandemic from 2005 to 2012 Flu Pandemic in 1918… Read More »
Workers Compensation and the Impact of the Gig Economy
In an article written earlier this year titled, “Assembly Bill 5 and How it Impacts Tech Companies Thriving off the Gig Economy,” we discussed the gig economy and the future implications it would have on businesses. Considering California Assembly Bill 5 and the new tests and classifications for determining a worker as an employee… Read More »