Category: COVID-19 Resources Businesses/Employers

  • furloughed employees during covid and workers comp

    Workers Comp Class Code for Employees Furloughed due to COVID-19

    You may have heard about a new workers’ comp class code for employees furloughed due to the COVID-19 pandemic. The code offers a prime opportunity for qualifying employers to save money on MA workers’ comp. But there is a time-sensitive element to it… To help translate the WCRIBMA guidelines and help you prepare for audit, […]

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  • how to renew business insurance

    Renewing Business Insurance during the Pandemic: Tips for Business Owners

    Written by Jessica Morin, CRIS

    In an ideal world, renewing your business insurance is something you do after careful planning and analysis. Taking the time to review what happened last year and anticipating next year’s coming changes is the best way to ensure your new policy will provide adequate coverage at an optimal rate. Unfortunately, during the current pandemic, many […]

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  • how to keep workers and customers safe during covid19 reopening

    COVID19 Workplace Safety Standards: Mandatory in Massachusetts

    The four-phase approach to re-opening Massachusetts is underway. If you’re re-opening your Massachusetts business in the coming weeks, here are four items to download (and complete), according to state guidelines: COVID-19 control plan template – A template that satisfies the written control plan requirement for self-certification. NOTE: you don’t need to submit this plan to state […]

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  • payroll is a keep component of a business insurance audit

    Business Insurance Audits and COVID-19

    They happen every year: business insurance audits. COVID-19 makes this year’s process a little more complicated… and potentially confusing. If you’re wondering how different payroll and operational changes could affect your audit, the following FAQs may help. During the pandemic, we’ve included COVID-related audit questions up top. More general FAQs about annual business insurance audits […]

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  • how to reopen business after covid19

    7 Steps to Reopen Your Business during the COVID-19 Recovery

    Massachusetts officials are cautiously optimistic, as COVID-19 infection rates seem to be leveling off in our state. A four-phase reopening plan is now underway, with at least three weeks between each phase. And business owners from all industries are getting ready to bring people back to their offices, stores, and job sites. What do these […]

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  • scam targeting covid-19 small business loan applicants

    COVID-19 Small Business Loans Scam Alert

    As you’ve probably heard, The Paycheck Protection Program (PPP) represents a major portion of the U.S. government’s recently deployed CARES Act. The PPP consists of $350 billion in government-backed loans—distributed via private banks. Unfortunately, because so many small businesses have been affected, and because banks are implementing this program on the fly, the application process […]

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  • what is the cares act and how can it help small businesses

    The CARES Act: Coronavirus Aid, Relief & Economic Security

    FAQs from Small Businesses on the New CARES Act While we are not financial advisors, bankers, or accountants, we have been fielding quite a few questions about the CARES Act from our commercial clients. Below is a list of these FAQs along with answers we’ve curated from a host of reputable sources, including the SBA […]

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  • plumbing businesses are essential businesses during COVID-19 shutdowns

    Is My Business Essential? COVID-19 Restrictions in MA

    In response to the COVID-19 pandemic and rising case numbers throughout the U.S., Governor Baker recently issued an emergency “stay-at-home” order for all of Massachusetts. The order limits the movements of Bay State residents, and requires all “non-essential” businesses to close their doors until further notice. Which, for many business owners, begs the question: Is […]

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  • coronavirus and business insurance implications

    Business Insurance and Coronavirus: Are You Covered for Lost Income, Employee Illness?

    Does my business insurance cover losses due to coronavirus? If you don’t have time to read this entire article, we can tell you up front that the answer is, unfortunately, probably no. But we think it’s important people understand why this is currently the case. (NOTE: there may end up being coverage, as we are […]

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