Kevin Leipsic

Workers Compensation – Fraud Examples & Expensive Consequences

What is workers’ compensation fraud? Workers’ comp fraud is an attempt by someone to benefit financially from a workers’ comp policy by falsifying information. There are two main types: Claims-based workers’ comp fraud – an employee files a false claim to receive workers’ compensation benefits. Policy-based workers’ comp fraud – an employer misclassifies employees or falsifies data …

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Discover How Successful Contractors Save Money on their Workers Compensation Insurance

In today’s tough business environment, saving every penny and avoiding unnecessary costs can determine whether or not your doors stay open. Plus, we also know that workplace accidents happen. It’s not a matter of IF an accident will happen, it’s just a matter of when that accident will happen. Below are some of the best …

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Certificate Holder vs. Additional Insured – What’s the Difference?

Contractor insurance is an important tool to help safeguard against accidental loss. To get the most out of your insurance, it’s essential to understand key concepts, such as the difference between a Certificate Holder and an Additional Insured and since Since our mission at The Contractors Resource Center is to make contractors’ insurance as simple …

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HomeAdvisor to refund home service providers millions of dollars and stop misleading them about the quality of its leads

The Federal Trade Commission today issued a proposed order requiring Denver-based HomeAdvisor, Inc. – a company affiliated with Angi, formerly known as “Angie’s List” – to pay up to $7.2 million for using a wide range of deceptive and misleading tactics in selling home improvement project leads to service providers, including small businesses operating in the “gig” …

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Effective Jan 1, 2023, Workers Compensation Insurance Required for: C-20 HVAC, C-8 Concrete, D-49 Tree Service and C-22 Asbestos Abatement

Effective January 1, 2023, a new California law Senate Bill 216, Chapter 978, requires Proof of Workers’ Compensation Insurance on file with the CSLB for C-8 Concrete; C20 HVAC; C-22 Asbestos Abatement; and D-49 Tree Service. As of that date, no license in these classifications will be issued, reinstated, reactivated, or renewed without Proof of …

Effective Jan 1, 2023, Workers Compensation Insurance Required for: C-20 HVAC, C-8 Concrete, D-49 Tree Service and C-22 Asbestos Abatement Read More »

Contractor License Bonds Increase January 1, 2023

Effective January 1, 2023, the Contractors State License Board of California (CSLB) will increase a contractor license bond from $15,000 to $25,000 as detailed in Senate Bill 607.  The increase applies to the contractor license bond (from $15,000 to $25,000) and the bond of qualifying individual (from $12,500 to $25,000) To get your Contractor Bond …

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