Colony West News | Colony West
March 25, 2020

Trade Credit Insurance

Insurance/By carolyn/0 comments 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 »
March 20, 2020

COVID-19 and Loss of Income

Catastrophe Insurance/By carolyn/0 comments   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 »
March 19, 2020

Understanding the NEW Coronavirus Laws

Human Resources/By carolyn/0 comments Breaking Everything Down for you Families First Coronavirus Response Act Just Passed by the Senate & Signed Into Law by the President   Today, in an effort to ward off economic calamity, the U.S. Senate passed its second economic relief bill this month in response to the coronavirus pandemic—the Families First Coronavirus Response Act (“Act”).… Read More »
January 29, 2020

OSHA is Charging Huge Fines!

Compliance/By carolyn/0 comments OSHA requires employers to physically post the form and electronically submit injury and illness data electronically. All business’ that are required to maintain OSHA logs need to post their 300A form in a prominent place at their facilities where all employees will have access to view from February 1st until April 30th. Electronic submissions must… Read More »
January 14, 2020

2020 Human Resources Symposium

Compliance/By carolyn/0 comments In Partnership with OutlookHR & Hudock Employment Law Group, Colony West is pleased to present this important update to start 2020 in compliance! Join us for an in-depth analysis of the most significant developments in labor and employment laws as well as new legislation likely to affect your business. This symposium will be a guide… Read More »
Commercial Business Insurance and the Flu December 4, 2019

Does Your Commercial Business Insurance Cover Disease Outbreaks?

Catastrophe Insurance/By Colony West/0 comments   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 »
Human Resources Passion December 4, 2019

Human Resources Review: How Passion Translates to Business Success

Human Resources/By Colony West/0 comments   We’ve all heard the cliché, ‘love what you do, and you’ll never work a day in your life.’ We’ve also all heard the phrase ‘thank God it’s Friday.’ So, what separates the people in the first line from those in the second? Passion. Think of any successful business and you’ll see a large amount… Read More »
Workers Compensation in the Gig Economy December 4, 2019

Workers Compensation and the Impact of the Gig Economy

Human Resources/By Colony West/0 comments   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 »
Business Insurance Disaster Claims December 3, 2019

How to Manage a Business Insurance Claim When Disaster Strikes

Catastrophe Insurance/By Colony West/0 comments   The 10 most common type of business insurance claims are Burglary and Theft Water Damage Wind and Hail Damage Fire Damage Customer Slip and Fall Customer Injury and Damage Product Liability Struck by Object Reputational Harm Vehicular Accident   While insurance companies aim to make the claims process as simple as possible, there are… Read More »
Employee Engagement - Human Resources December 2, 2019

The Importance of Employee Engagement

Human Resources/By Colony West/0 comments   39% of people feel that a stimulating work environment is an effective way to increase employee engagement Organizations with high employee engagement outperform organizations with low engagement by 202% Disengaged employees cost organizations between $450 and $550 billion annually 63% of employees say compensation is important to job satisfaction   In a recent study… Read More »