RISK MANAGEMENT
Insurance Insights
 
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January 20, 2023 |

Construction Matters Attracting and Retaining Workers in Today’s Labor Market January 20, 2023  |   Employers across the country are struggling to attract and retain quality workers. This is certainly true with respect to the …

November 29, 2022 |

Proactively addressing workers’ compensation (WC) issues to influence their outcomes is an essential way for companies to minimize claims and costs. To do so, you’ll need to establish a number of your own processes that guide decision-making throughout your organization.

October 28, 2022 |

If you operate a business from your home, it’s important to understand that a homeowners insurance policy is designed to cover personal exposures, not business exposures. That being said, knowing which insurance coverage is right for your home-based business depends on a variety of factors.

September 29, 2022 |

Sprains and strains are among the most frequent injuries in manufacturing. The majority of sprains and strains result from lifting, being hit by fallen objects or even an unfortunate misstep. It’s important to note, however, that injuries of this nature can often be avoided when workers exercise a simple step or two of caution.

September 22, 2022 |

The construction industry is one of the most hazardous in the United States. In fact, every time you come to work, you risk suffering an injury. However, you can help improve construction site safety by learning about and avoiding the top four on-the-job hazards, which are: falls, struck-bys, caught-in-between hazards and electrocutions.

August 23, 2022 |

When it comes to workplace safety, there are few roles more influential than that of the supervisor. While handling the everyday situations that help ensure a company’s efficiency and success, supervisors are an integral part of workplace safety programs. Such programs utilize risk management techniques to keep employees safe on the job, thus reducing workers’ compensation costs.

July 29, 2022 |

With the rapid and nearly continuous pace of change in the construction sector, the need for specialist insurance agent/broker expertise is clear. This is not a market for generalists; contractors need consultants who can help them anticipate and take advantage of market changes as they develop.

July 21, 2022 |

When a worker is injured, there are specific timelines to follow and forms to complete with respect to workers’ compensation insurance. But what about when a worker is injured and refuses to accept treatment or file a claim? What are your responsibilities as the employer? While the exact legal answer depends on your situation and state laws, consider the following to limit your liability.

June 29, 2022 |

The vehicles on the road today have become increasingly advanced with each passing model year. Yet, as a whole, they’re relatively easy to steal. With this in mind, we put together the following theft prevention guidelines. Each tip is designed to help you reduce the risk of getting your vehicle stolen.

May 25, 2022 |

Today, the equipment used in manufacturing operations is safer than ever. But in order to ensure maximum protection against occupational injuries and fatalities, you need to make the wearing of personal protective equipment (PPE) your number one priority.

April 27, 2022 |

Construction workers utilize a wide range of tools that are essential for getting the job done. But there’s no tool more indispensable to the trade than a worker’s hands. For this edition of Construction Safety Matters, we’ve developed a list of precautions you can share with your workers to help safeguard their hands from on-the-job injury—and keep them in peak working condition.

April 12, 2022 |

Americans collectively spend billions of dollars each year on home security. Yet, no home is immune to the risk of theft. Whether you’re looking to protect your home while you’re on vacation or simply away at work for the day, it’s important to take precautions to help deter criminals from targeting your property—and maintain peace of mind throughout your household.

March 25, 2022 |

Suppose a customer asks your company to manufacture a part based on certain specifications, which are outlined in a contract. He needs to add the part to his product and ship it to his customers by a set deadline.

March 10, 2022 |

While a crane is an essential asset, there are hazards involving all aspects of crane use on a construction site. The purpose of this blog is to provide construction companies with safety tips and guidance to help facilitate safe crane operation.

February 9, 2022 |

The Michigan Catastrophic Claims Association (MCCA) will begin efforts to return approximately $3 billion of its surplus to Michigan auto insurance policyholders. Working with the MCCA, insurance providers will issue Michigan drivers refunds in the amount of $400 for every eligible vehicle that had liability coverage as of 11:59 p.m. on October 31, 2021.

January 19, 2022 |

The key to controlling your workers’ compensation costs is understanding your experience modification factor. Your “mod factor” is an adjustment to your workers’ compensation premium that’s based on your company’s actual losses compared to the expected losses for your industry.

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