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The government also made provision in section 28 of the Enterprise Act 2016 to penalise delayed payment of insurance claims. [6] Companies wishing to improve their payment practices are invited to complete and submit a PPC Action Plan outlining their improvement intentions and related timescales. [7]
Starting your own business requires a significant investment of both time and money. Millions of people continue to step up to the challenge with 33 million small businesses active in the U.S. as ...
Small business owners face severe penalties if they don't report to the federal government by year's end. Thousands of businesses may not realize they are subject to a new reporting process ...
Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t ...
The New York State Legislature unanimously confirmed Benjamin M. Lawsky on May 24, 2011, as New York State's first Superintendent of Financial Services. [9] From May 24, 2011, until October 3, 2011, Lawsky also was appointed, and served as, Acting Superintendent of Banks for the former New York State Banking Department. [9]
While SHOP was available for 2014, this is the first year that small employers in 14 states can apply online. Before 2015 employers who provided health insurance to their employees typically worked with an insurance broker and one health insurance company. In 2015, they however can offer their employees a choice of insurance companies.
The New York City Department of Small Business Services (NYC SBS) is a municipal department of New York City supporting small businesses throughout the five boroughs. NYC SBS provides a wide range of programs, services, and resources aimed at helping small businesses. Its regulations are compiled in title 66 of the New York City Rules. SBS also ...
New York City is quickly becoming one of the front lines in the battle for gig worker protections. In May 2020, the city enacted commission caps on third-party delivery services, limiting the ...