DeSando Insurance Services LLC

09/10/2021

HUGE Congratulations to our client Human Bees for being ranked No. 1 by Inc. 5000 nationwide for being the fast growing private company in America. Check out this article to see how they have achieved this status.

Inside the precipitous rise of the No. 1 company on the 2021 Inc. 5000 -- and the buzz around its success.

09/03/2021

Are you really covered? We find that 86% of the time, property owners run the risk of being penalized by the Coinsurance Clause.

A coinsurance clause is an agreement where the policyholder is required to hold an insurance limit that is high enough to cover a percentage of property value in order to receive total compensation if there is loss or damage to the property. And now here’s where you are at a disadvantage:

You could pay a hefty penalty if you decide to cut back on the insured value of the building or if the property value rises and insurance amounts are not raised. If this happens, you may find yourself inadequate to provide coverage when a claim happens.

Learn more about property insurance by contacting one of our agents now at +14082683333

09/02/2021

Every business operating in California, with employees, must have worker’s compensation insurance as mandated by the State. However, there is a system that can either increase or decrease your annual premium. That is what we call an Ex Mod.

Though this is jargon understood by insurance companies, employers struggle to know how it can affect their business. An Ex Mod can affect workers’ compensation rates positively by keeping claims to a minimum. However, this can have a negative impact if employers are having a hard time managing claims.

Read on to learn about the vital information you need to know about Ex Mod to save your business and protect your employees at the same time.

Every business operating in California, with employees, must have worker’s compensation insurance as mandated by the State. However, there is a system that can either increase or decrease your annual premium.

08/31/2021

There are two things business owners dread: litigation and fraud.

Businesses are mandated to ensure employees’ injuries and provide the needed medical treatment and wage loss mitigation. However, companies are losing money due to out-of-control compensation management. Hence, the two fears mentioned above are the reasons why premiums are soaring.

That is why programs with ADR exist. Major Fortune 500 companies are currently using ADR - having their own self-insured programs - and because of this, companies and employees are both getting benefits.

Read on to understand the process of ADR and how it can eliminate litigation and fraud costs.

Read on to know how to eliminate litigation and fraud costs due to worker's compensation claims. ...

08/31/2021

08/30/2021

Here is another example of how shady insurance agents/brokers defraud people and the system. Glad he is off the streets!!

Formerly licensed insurance agent Robert Stoddard, 66, of San Clemente, Calif., was arrested this week after a California Department of Insurance

08/27/2021

California is not the only state that has workers’ comp fraud issues. Here is another case on how crooked doctors take advantage of the system.

A Levittown chiropractor has paid $290,197.24 to the federal government to settle civil allegations of workers' compensation fraud, federal prosecutors said Wednesday. Prosecutors allege that Gary Ste

08/26/2021

If you are with State Fund and your business is being impacted by the wild fires then you have a credit extension waiting for you.

California's State Compensation Insurance Fund is offering a 30-day credit extension to policyholders affected by wildfires currently burning in Northern

08/23/2021

Want to get ahead?

In the program, we will lock in the worker’s compensation dual wage class code payroll giving a more competitive edge.

For example, most construction class codes have a high wage and low wage rate. The wage rate is determined by how much a company pays their employee. Each year the wage rate normally increases because of inflation. If we lock in a company at a wage rate from 5 years ago they can pay their employees less while still being charged for the higher lower class code. This can save companies up to an overall 38% on their cost. Our program is designed for construction companies and health care companies..

These are the construction class codes that were affected in 2020 by the dual wage payroll threshold increase. There was not a change in 2021 but since 2021 is seeing major inflation 2022 might bring another threshold change. Let's lock in your threshold before it increases again by contacting one of our agents today at +14082683333

08/23/2021

WE ARE EXPANDING TEAM DESANDO AND LOOKING FOR TEAM MEMBERS THAT WOULD LIKE THE TOOLS, RESOURCES, AND PLATFORM TO CREATE FINANCIAL FREEDOM FOR THEM AND THEIR FAMILIES!

Qualifications:
- 5 years of insurance background
- Must have a P&C license
- Must have an at home work station for - 100% remote working
- Be willing to make cold calls and handle warm leads coming in
- Have an interest in writing a niche in commercial insurance

Benefits:
- Full Health Benefits with 401k
- Both salary plus commission and commission only contracts available
- Bonus plan to reach six figures plus within the first year
- Access to the worlds #1 best training platform
- Have the ability to grow with untapped commissions/potential
- Additional compensation for book rolls

08/18/2021

California insurers continue to fight Workers Comp fraud. Here is a recent conviction in which Mr. Angel Luis Maces plead guilty to a felony.

San Jacinto Man Admits Faking Injury in Workers’ Comp Fraud Scheme Posted by Contributing Editor on July 15, 2021 in Crime | Leave a response Share this article:A 24-year-old San Jacinto man who faked an injury to collect tens of thousands of dollars in workers’ compensation insurance funds plea...

08/17/2021

Have you ever wondered what the six taxes are and why you're paying for them?

We have the option to eliminate all six workers' compensation taxes in which our clients are seeing significant decreases on their premiums.