Last fall, Congress passed legislation requiring all federal agencies to update their civil penalties – taking into account inflation. The Department of Labor is adjusting penalties for all of its agencies, including the Occupational Safety and Health Administration (OSHA).
The new penalties will take place August 1, 2016, for violations that occurred after November 2, 2015.
Type of Violation | Current Maximum Penalty | New Maximum Penalty |
Serious Other-Than-Serious Posting Requirements | $7,000 per violation | $12,471 per violation |
Failure to Abate | $7,000 per day beyond the abatement date | $12,471 per day beyond the abatement date |
Willful or Repeated | $70,000 per violation | $124,709 per violation |
For more details, please visit the official OSHA website.
About Overmyer Hall Associates
Overmyer Hall Associates is one of the fastest growing agencies in the country, quickly becoming one of the largest property and casualty insurance agencies in Central Ohio. Overmyer Hall Associates provides clients with insurance and risk management, specializing in Business Insurance, Surety Bonding, and Home & Auto Insurance. Since its founding in 2011, the firm has been awarded Columbus Business First’s "Fast 50" and "Best Places to Work" awards, the IIABA’s “Best Practices Agency” recognition, Columbus CEO Magazine’s “Best Insurance Broker” and the Columbus Young Professionals Club’s “Wonderful Workplace for Young Professionals” award. www.oh-ins.com