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      April 2024 – Protecting Your Data – Deepfake Technology Used to Fool Employees
      
      THE NEWEST cyber and financial fraud threat facing businesses is deepfake technology, which criminals are using to extract money from unsuspecting accounts payable personnel. A finance worker at a multinational company in Hong Kong was duped into transferring $25 million to criminals who had used deepfake technology to pose as the business’s chief financial officer …
      
      Continue reading “April 2024 – Protecting Your Data – Deepfake Technology Used to Fool Employees”
      
      April 2024 – Commercial Property Insurance – New Rules Aim to Ease Availability Crisis
      
      WITH THE California commercial property market increasingly stressed with fewer and fewer insurers willing to write policies in the Golden State, the state insurance commissioner has floated a plan aimed at easing the crisis. The main thrust of the new proposal is to make it easier for insurers to get their rate-hike requests approved, efforts …
      
      Continue reading “April 2024 – Commercial Property Insurance – New Rules Aim to Ease Availability Crisis”
      
      April 2024 – Workplace Safety – Overdose Meds May Be Coming to Your First Aid Kit
      
      EFFORTS ARE afoot to create new laws and regulations that would require California employers to include the opioid overdose medication Narcan in their first aid kits. Cal/OSHA’s Standards Board has received a petition from a safety group asking it to create new regulations requiring workplaces to stock medications that can reverse opioid overdoses. On the …
      
      Continue reading “April 2024 – Workplace Safety – Overdose Meds May Be Coming to Your First Aid Kit”
      
      April 2024 – Worker’s Comp – Electronics, Construction Class Code Changes
      
      THE WORKERS’ Compensation Insurance Rating Bureau of California will recommend changes to class codes for some electronics manufacturing sectors, as well as increases to the wage thresholds for construction industry dual classifications. The move comes after the Rating Bureau’s governing committee unanimously approved proposed changes, which will be sent in March to the state insurance …
      
      Continue reading “April 2024 – Worker’s Comp – Electronics, Construction Class Code Changes”
      
      January 2024 – Workers’ Compensation – Rules on First Aid Claims Reporting
      
      THE CALIFORNIA Workers’ Compensation Uniform Statistical Reporting Plan requires that employers report small, medical-only first-aid claims to their insurance carrier. Many employers fail to report these claims as they consider them too small since the worker doesn’t lose any time from work and they don’t have to go to a doctor. Under Rating Bureau …
      
      Continue reading “January 2024 – Workers’ Compensation – Rules on First Aid Claims Reporting”
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Mindful Insurance Solutions is a provider of Insurance specializing with Nonprofits. We use our proprietary Mindful Methodology^TM to provide innovative solutions to our clients.

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