Uber and Lyft passengers can now buy insurance before their rides to cover any accidents or even death. Chubb, one of the world’s biggest property-casualty insurers, is joining ranks with startup Sure to sell policies on an “on-demand, per-day basis,” to cover accidents or death. The initiative will be called RideSafe and will pay up to $10,000 in medical costs per accident and include a $100,000 death benefit. Eventually, RideSafe plans to offer insurance for autonomous vehicle rides.
In honor of National Small Business Week, the United States Small Business Administration and the SCORE Association are hosting a three-day virtual conference on topics such as consumer behavior, discrimination, and harassment, gaining repeat business, marketing and more. The free conference for small businesses is from 9:30 a.m. to 3 p.m. each day from May 1 to May 3. Click here to register.
The webinars include the following topics:
- How Changing Consumer Behavior Impacts Your Business
- Addressing Discrimination and Harassment in the Workplace
- Get New and Repeat Business On Autopilot with Email Marketing
- Creating and Sustaining a Strong Social Presence
- The U.S. Economic Outlook and Its Impact on Small Businesses
- Managing Your Finances in the Cloud
- Grow Your Business in 2018
- Simple Steps to Choosing the Right Financing
- Simple Steps to Choosing the Right Financing
- Sharing Your Story Through Video
- Pop & Play: How Opening a Pop-Up Shop Can Help Launch Your Retail Brand
- Fusion Marketing: The Next Generation of Marketing
Growth in online grocery sales could increase demand for industrial cold storage space, causing 35 million square feet of cold storage to shift from retail locations, according to a report by CBRE. Online purchases will make up 13% of all grocery sales by 2024, the report states. California would likely have the most industrial cold storage at nearly 400 million cubic feet.
Industrial building owners and investors take note!
On Tuesday I visited clients burned commercial industrial warehouse building in Carson, CA which was severely damaged by a fire several months back. Things are currently going through the long slow process of city permits to re-build and our carrier hashing out the claims details with the tenant’s carrier to get the insurance claim adjusted. We’ll be writing a Builders Risk insurance policy to take care of this bad boy and get it back in shape and operational again. Here are pictures of the damage to this industrial warehouse building:
I hate to be a Debbie downer here, but the annual ranking of states by U.S. News & World Report places California last for its quality of life and 32nd overall when all categories are rated. The categories of the “Best States” report and California’s ranking among the 50 states is as follows:
- Healthcare, 11th;
- Education, 26th;
- Economy, 4th;
- Opportunity, 46th;
- Infrastructure, 38th;
- Crime and corrections, 28th;
- Fiscal stability, 43rd;
- Quality of life, 50th.
The latter was based on two elements: natural environment and social environment. Iowa is first in the overall rankings, followed by Minnesota, Utah, North Dakota and New Hampshire. To view the full report and state-by-state rankings, click here.
If the weather were a category, there’s no question that California would take the gold medal.
Roughly 14 million Americans are expected to call in sick on Monday — making the day after the 52nd Super Bowl Sunday one of the biggest sick days of the year, according to a survey by the Workforce Institute at Kronos and Mucinex. Post-Super Bowl Monday is “notoriously known as a day where people call out of work,” with 1 in 5 Americans saying they’ve called in sick over the years. This year is expected to be down from the 16.5 million who had said they planned to call in sick last year after Super Bowl Sunday.
The U.S. Equal Employment Opportunity Commission (EEOC) announced last week that 84,254 workplace discrimination charges were filed with the federal agency nationwide during 2017.
The agency handled over 540,000 calls and more than 155,000 inquiries in field offices.
The FY 2017 data show that retaliation was the most frequently filed charge filed with the agency, followed by race and disability. The agency also received 6,696 sexual harassment charges and obtained $46.3 million in monetary benefits for victims of sexual harassment.
Specifically, the charge numbers show the following breakdowns by bases alleged, in descending order:
- Retaliation: 41,097 (48.8 percent of all charges filed)
- Race: 28,528 (33.9 percent)
- Disability: 26,838 (31.9 percent)
- Sex: 25,605 (30.4 percent)
- Age: 18,376 (21.8 percent)
- National Origin: 8,299 (9.8 percent)
- Religion: 3,436 (4.1 percent)
- Color: 3,240 (3.8 percent)
- Equal Pay Act: 996 (1.2 percent)
- Genetic Information: 206 (.2 percent)
These percentages add up to more than 100 because some charges allege multiple bases.
EEOC legal staff filed 184 merits lawsuits alleging discrimination in fiscal year 2017. The lawsuits filed by the EEOC included 124 individual suits and 30 suits involving multiple victims or discriminatory policies and 30 systemic discrimination cases. At the end of the fiscal year, the EEOC had 242 cases on its active docket. The EEOC achieved a successful outcome in 90.8 percent of all suit resolutions.
My question to you, do you have Employment Practices Liability Insurance for your business?