Penalties for Not Having Workers’ Compensation: An Overview

Unless your business is based in Texas, failure to carry workers’ compensation insurance can attract hefty penalties, ranging from daily fines to loss of your business permit. It can also result in huge financial losses in case your employee suffers a work-related injury or illness. Even in industries where injuries are rare, workers’ comp coverage Read More

Why Do You Need Workers’ Comp Even If You Have No Workforce

Workers’ compensation insurance can pay for the medical bills and lost wages that an employee incurs when they are injured or fall sick at work. As in all other states, California requires employers to have this coverage for their workforce. Nevertheless, do you need workers’ comp insurance if you’re a sole proprietorship with no employees? Read More