Aegis Blog

CA Contractors Face Surety Bond Increase in 2023

CA Contractors Face Surety Bond Increase in 2023

The bond amounts for the California contractor license bond and the California qualifying individual bond are increasing to $25,000 starting on January 1, 2023. This means that all contractors who hold active licenses in the state of California will need surety bond increases processed to keep their contractor licenses in good standing with the state. Here's what you need to know about the bond increases in California. How Do You Increase California Contractor Bonds? It all depends ...
The Employer Guide to Workers' Compensation Insurance in CA

The Employer Guide to Workers' Compensation Insurance in CA

If you run a California business with employees, you need workers' compensation insurance to cover the cost of employee work-related injuries. Workers' comp insurance is mandatory in California, even if your company has only one employee. It's also required for employees who regularly work in California, even if your business is based in another state. Get answers to the most common questions about workers' comp insurance in CA. Do Freelancers Need Workers' Comp? Sole proprietors and independent ...

 

Loading...