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For Employers Conducting Business Abroad, Kidnappings Remain an Ongoing Concern

With L&I seriously undercapitalized – what do they do now?

In my post last month I wrote about the November 2 ballot initiative in Washington State – I-1082. I-1082 sought to end the Washington Department of Labor & Industries (L&I) monopoly on workers’ compensation insurance by allowing private insurers to compete with L&I.

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Six Chubb subsidiaries suspended from writing new business

Today, we were notified that the Office of the Washington State Insurance Commissioner has suspended six Chubb subsidiaries from writing new business/clients in the State of Washington for nine months.

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The day the charge exceeded $50.00. I had to find out why?

The other day when I was refilling my car with gas I noticed that the charge exceeded $50.00. I have had the same car for quite some time and it had been a few years since it cost $50 to fill up, so my curiosity was tweaked.

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The Wall Street Journal Compares L&I in WA & OR

The Wall Street Journal published an article on Sunday comparing L&I in Washington and Oregon. Average time loss claims in Washington is 270 days which is twice the national average and compares to 70 days in Oregon which has private insurance.

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IRS Releases Draft W-2 Form for 2011; Announces Relief for Employers

The IRS released a 2011 Draft W-2 form yesterday, October 12, 2010, which can be used by employers to report wages and employee tax withholding. They also announced the deferment of the new requirement for employers to report the cost of coverage under an employer-sponsored group health plan.

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Vote ‘Yes’ for Initiative 1082

I just returned from a business conference in Washington DC. In all my travels, this is the first time I have spent more than a few hours here, and although I didn’t get the chance for serious exploring, I was able to take in some of the sites.

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An eye opening opportunity

Last week, on September 24th, 16 individuals from Parker, Smith & Feek’s Bellevue office participated in the King County United Way Day of Caring, partnering alongside industry friends, Alaska National.

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Join us for Parker, Smith & Feek’s first ever Health Reform Tweet Chat

On October 6th, 2010 Parker, Smith & Feek will be hosting its first ever Health Reform Tweet Chat.

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Healthcare Reform Hits Main Street

The following video from the Henry J. Kaiser Foundation provides a good overview of the Healthcare Reform Legislation. Though some of the content can be debated, we think this is a good primer and we welcome you to contact us to discuss it.

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Get motivated by using Social Media

One of our employees was telling me today, how he uses Twitter to log his training for an upcoming Marathon.

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The financial environment…then and now….

On Friday, September 10th, the Ted Spread closed with a value of 16.03 bps. Two years ago, on September 10th, 2008, the Ted Spread closed at 117.97 bps, and just five days later, after Lehman Brothers collapsed into bankruptcy, the spread closed at 201.38 bps.

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