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Solicitor General Recommends Suspending Review of AB5 Law

Solicitor General Recommends Suspending Review of AB5 Law

On May 25, the U.S. Solicitor General advocated for the Supreme Court to deny the review of the California Trucking Association (“CTA”) case that challenges the application of the AB5 independent contractor law. The Court agreed and has granted an injunction to prohibit the enforcement of AB5 with respect to the trucking industry. According to the North American Transportation Association,…

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Inflation Guard & Insurance to Value with Topa Insurance Company

Inflation Guard & Insurance to Value with Topa Insurance Company

With inflation on the rise, it is understandable that policyholders are inquiring how this will affect their policy. Inflation guard and insurance to value are both important factors to educate your agents on so they can advise their policyholders accordingly. They each are crucial to property coverage policies but take on different purposes. Inflation Guard (Building Limit – Automatic Increase)…

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Remote Workforce: Driving Forces to a Permanent Change

Remote Workforce: Driving Forces to a Permanent Change

Topa Insurance Company (TIC), like most insurance businesses, shifted to a remote workforce out of necessity in 2020. TIC continued to be successful in the new work environment and quickly decided to make the remote workforce move a permanent one. March marks a milestone, two years from the transition of an in-office work experience to a permanent work from home…

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CWID 2022 – An Educational Success on the Wild Side – Part 2

CWID 2022 – An Educational Success on the Wild Side – Part 2

Educational sessions are a wonderful source of information, but we all know the social and networking opportunities at our events are what make the CIWA community so close-knit. We mentioned wild adventures, but what can be so wild about insurance wholesalers? How about snake handling insurance wholesalers and industry representatives? To keep with our Safari theme, at the Future Cocktail…

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CWID 2022 – An Educational Success on the Wild Side – Part 1

CWID 2022 – An Educational Success on the Wild Side – Part 1

2022 started off with a roar at the California Insurance Wholesalers Association (CIWA) Industry Days conference (#CWID2022) in beautiful La Jolla earlier this month.  This year, we added some wild adventures to our classic educational and networking quest, including a Safari tour at the San Diego Safari Park, a Mentalist that read our thoughts, and a keynote speaker that offered…

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Velocity Small Business from Vela Insurance Services

Velocity Small Business from Vela Insurance Services

Vela’s Velocity Small Business team provides our broker partners another opportunity to place their business with Vela. This team is focused on providing insurance solutions for those small business operations with revenues up to two million that require Commercial General Liability for their Contracting or Products/Manufacturing & Service-Oriented exposures. Our broad appetite and knowledge of the small business sector combined with excellent customer service are a winning combination…

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The Importance of Duty-to-Defend Language in Contracts

The Importance of Duty-to-Defend Language in Contracts

Parties to a construction or design contract can define their duties toward one another in the event a third-party claim arising out of the working relationship is brought against one or both. In many cases, the terms of this type of agreement will require one party to indemnify the other, for money paid or expenses incurred, as a result of such claims. They may also assign one party, pursuant to the contract’s language, to be held responsible for the other’s legal defense…

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