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Are Contractors Required to Have Insurance?

Are Contractors Required to Have Insurance?

When you're running a business in the construction industry, there is no shortage of legal requirements to keep track of. Between OSHA regulations, federal employment laws, and even insurance requirements, keeping up with rules and requirements is a full-time job. When it comes to contractor insurance, some big changes have made headlines in 2023 that will impact your construction business. Here's what you need to know about contractor insurance requirements. Are Contractors Required to Have Insurance? Prior ...
What does Workers' Compensation Insurance Cover?

What does Workers' Compensation Insurance Cover?

Workers' compensation has seen some big changes in 2023, but when you need it, what does it actually cover? Workers' compensation insurance protects your employees in the event of a work-related illness or injury. As the name suggests, workers' compensation can only cover injuries or illness resulting from doing their work, but it does not cover injuries sustained outside of work. Nevertheless, it still covers a wide range of health expenses, including medical expenses, lost ...