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Apr 6, 2017
Beware of Ransomware
Mar 6, 2017
Non Subscriber Deadline
Sep 19, 2016
Wage & Hour Changes

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Apr

06

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Beware of Ransomware Written by Paschall Insurance on Apr 6, 2017

In 2015, victims paid a collective $24 million in ransom and another $325 million to disinfect machines and restore backup data. In 2016, the cost was expected to total $1 billion.

Ransomware is malicious software that locks one’s computer or network until a sum of money is paid, at which point the cybercriminal provide a code to unlock the system. If the ransom is not paid with a set timeframe, they will wipe the data. And, any organization that relies on access to data, and cannot ...

Mar

06

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Non Subscriber Deadline Written by Paschall Insurance on Mar 6, 2017

No Work Comp? Filing deadline as a Non Subscriber is fast approaching. Texas Department of Insurance announced a grace period for Employers who have not purchased Workers Compensation coverage for their employees.

They are giving employers until April 30, 2017, to file DWC Form 5 as a Non Subscriber. After this date employers failing to properly file can be subject to administrative penalties (hefty fine) for not complying with state law. We have forms available, and they are also online at the Texas Department of Insurance ...

Sep

19

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Wage & Hour Changes Written by Paschall Insurance on Sep 19, 2016

A few months ago, the U.S. Department of Labor (DOL) announced its final rule for overtime pay exemptions under the Fair Labor Standard Act.  Set to take effect December 1, 2016, the new overtime regulations will have a massive impact on employers.  It is estimated that 4.6M Employees will be affected by this change in year 1 alone. 
Key provisions of the final rule are:
Sets the standard salary level at $913 per week or $47,476 annually for a full-year worker;
Sets the total ...