Thoughts for Foodies:  Manage Insurance Rate Increases

Posted by Chris Trombley on Aug 16, 2017 12:20:00 PM

 

Managing Insurance Rate Increases

California food & beverage companies were hammered with Work Comp rate increases in the last 8 years. Many organizations that paid $80,000 for Work Comp in 2009 currently pay $200,000 or more without substantial increases to payroll. Food & beverage companies reacted to these increased costs by doubling down on workforce safety management to prevent new injuries and reduce the likelihood that employees will seek out personal injury attorneys.

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Topics: Manage Rate Increase, Food and Beverage



Wood Gutmann & Bogart Insurance Brokers is California's premier, full-service regional insurance brokerage. We provide a complete range of commercial, personal and employee benefits insurance products and services. We are proud to be ranked among the Top 100 Independent Insurance Agencies by Insurance Journal and one of the Best Places to Work by the Orange County Business Journal.

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