Quality Insurance Isn’t Cheap: Challenges with the California FAIR Plan

Quality Insurance Isn’t Cheap: Challenges with the California FAIR Plan

In a competitive market, pricing can often feel like the only battleground. But the latest troubles with the California FAIR Plan are a stark reminder that in the world of insurance, expensive isn’t synonymous with quality. Here’s what’s happening and why it matters. Growing Pains of the FAIR Plan Association The FAIR Plan, meant to…

How California Senate Bill 216 will affect Contractors

How California Senate Bill 216 will affect Contractors

•California Senate Bill 216 (SB 216) will take effect on January 1, 2023, and will require licensed contractors to provide the Contractors State License Board (CSLB) with proof of workers’ compensation insurance regardless of whether they have employees. • The first phase of SB 216 applies directly to license classifications C-8 Concrete, C-20 HVAC, C-22…