Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos

Are you wondering why the renewal for your apartment building insurance for your rental building, Co-op or Condo has gone up by north of 20% ? This little primer might help explain why. The Chinese have a proverb, “may you live in interesting times”. If you’re an owner of commercial or residential real estate, especially … Continue reading Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos

How Workers’ Compensation Class Code #8873 “Telecommuter Reassigned Employees” Can Help You Save Money On Your Insurance Premium

The New York Workers’ Compensation Insurance Rating Board (NYCIRB) has released a new class code for ‘Telecommuter Reassigned Employees’. If you are a business owner you might be wondering how do I adjust my workers’ compensation rates for employees that we kept on the payroll, but did not actually perform their duties? It doesn’t make … Continue reading How Workers’ Compensation Class Code #8873 “Telecommuter Reassigned Employees” Can Help You Save Money On Your Insurance Premium

Cyber Security Awareness Month

October is Cyber Security Awareness Month!    Cybersecurity is one of the fastest-growing concerns for businesses as many opportunities for growth within an organization have developed into fully remote positions.  To Celebrate Cybersecurity awareness month We suggest having these conversations with your team: Protecting your organization from Phishing scams by knowing what a phishing email … Continue reading Cyber Security Awareness Month

New York’s DOL Introduces New Notice Of Pay Rate form for Home Care Providers Under New York Wage Prevention Act Updates

Effective October 1, 2020, New York State’s Department of Labor requires a new Notice of Pay Rate form for employers.  The form is required to be used by home healthcare aide under the Wage Parity Law. The updated changes to the New York Wage Theft Prevention Act  (WTPA) states the new Notice of Pay Rate … Continue reading New York’s DOL Introduces New Notice Of Pay Rate form for Home Care Providers Under New York Wage Prevention Act Updates