Articles

New Washington State Retainage Law:
What does it mean to you?

The interests of general contractors (GCs) and subcontractors (Subs) often align. Details such as a project design free of defects, a well-coordinated jobsite, and prompt payment from owners are all examples. However, sometimes their interests do not align.

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Securing Uncommon Court Bonds

Court bonds in civil matters serve to verify the financial capability of the bond principal to pay a judgment, deliver property, or indemnify an injured party according to the court’s final decision. They are usually required when the court is asked to confer a benefit, such as possession of disputed property, in advance of final judgment. Most agents can process an “off the shelf” court bond, such as a TRO or Injunction bond, but not every bond requirement is clear-cut. Some bonds are only needed very rarely or don’t fit the standard submission guidelines due to specific circumstances. It takes creativity, communication, and a clear understanding of the underlying legal requirements to successfully place and issue a nonstandard court bond.

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PSBJ Thought Leader Forum: Employer’s Options for Health Care Plans

The healthcare landscape in the Puget Sound region continues to evolve with changing patient and caregiver needs, as well as changing legislative requirements.

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Attracting Millennials To Manufacturing Careers

One of the biggest challenges facing manufacturers today is how to attract skilled employees, particularly millennials.

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Drones in Construction:
Safety Regulations and Best Practices

In the ultra-competitive construction landscape, where the name of the game is delivering the highest quality product on time and under budget, Owners/GC’s are scouring new technological advancements to improve both performance and the bottom-line.

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Republicans Release Health Policy Proposed Legislation

House Republicans have released the “American Health Care Act” (AHCA), the first official draft of ACA “repeal and replace” legislation. As of March 9, the legislation is being reviewed, debated, and changed in the relevant House committees, so details are likely to change;  however, much of what is contained in this draft is likely to […]

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Can Gaming Technology Help Senior Living Operators Eliminate Resident Falls?

How far would the stakeholders of your senior living facility (e.g. nursing staff, operators, and owners) go or be willing to spend to achieve a resident fall rate of less than 2.0 per 1,000 days? For a rate of less than 1.0 per 1,000 days?

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UPDATE – Taxation of Fixed Indemnity Plans

In January, the IRS Office of Chief Counsel issued a memorandum clarifying the tax treatment of certain types of fixed indemnity plans offered by employers. Since the memorandum was released, several fixed indemnity plan insurance carriers have pushed back, stating that the interpretation of the IRS memo was too broad and should not affect the […]

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How To Avoid These Pitfalls In Offering Employees Disability Insurance

Long term disability insurance can be an effective strategy to protect employees’ income should they have a serious accident. However, there are often serious gaps in coverage that can prevent the policy from truly replacing the lost salary.

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