RISK MANAGEMENT
Insurance Insights
 
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June 21, 2024 |

Life insurance is one of the most important purchases a person can make. More than anything, it’s a commitment to safeguard your family when you’re gone—helping protect their financial stability. In this blog, we’ll explore why life insurance is important and the six benefits of life insurance that could make all the difference for your family’s future.

May 24, 2024 |

When it comes to getting collision repair work on your vehicle, finding the right body shop is an important step. You don’t want to overpay, but you also don’t want subpar work. With so many options out there, making a decision can be stressful. But if you do a little research, you can be sure your car is in the right hands.

April 29, 2024 |

It is a well-established fact that the use of a cellphone while driving presents a distraction that greatly increases the chance for an accident. This has led a growing number of states to implement laws that prohibit drivers from the “hands on” use of a cell phone while operating a vehicle. Unfortunately, what too many people fail to take into consideration is how distracting cell phones and other electronic devices can be in the workplace.

March 30, 2024 |

Retaining adequate insurance protection is vital for financial security. However, nobody wants to pay more for home insurance than they have to. As the cost of premiums continues to trend upwards in 2024, it’s important to take advantage of opportunities to save on coverage.

February 29, 2024 |

An efficient and effective return-to-work (RTW) program can significantly reduce workers’ compensation costs for employers while improving the lives of employees by getting them back on the job following a work-related absence due to injury, illness or chronic disease.

February 20, 2024 |

The first step to any digging project is pretty simple – know what’s buried underground! This applies to contractors, road maintenance crews, telephone pole installers, fence builders, landscapers and even homeowners. In fact, anyone breaking ground should fully understand the safe digging tips outlined in this blog.

January 31, 2024 |

According to the FBI, staged auto accidents – which occur when one or more drivers maneuver an unsuspecting motorist into a vehicle crash in order to file a fraudulent insurance claim – cost the insurance industry more than $20 billion each year.

December 21, 2023 |

The term “one size fits all” has no place in the world of safety gloves. When it comes to sizing up the right glove – one that will allow you to work both safely and efficiently – you must take several considerations into account. The idea is to balance the amount of protection needed with the glove’s characteristics to determine the best option for the task at hand.

November 29, 2023 |

Decades ago, it was not uncommon for a business to pay directly – rather than report – their company’s small claims. The thought was to avoid having those claims count against the experience modification factor (the “mod”). For Workers’ Comp insurance, medical-only claims are an important element in the experience modification rating process, and in many states these claims are reduced by 70% for the mod calculation. This reduction is known as the experience rating adjustment (ERA).

November 15, 2023 |

Completing an auto insurance application is a fairly simple process. However, it’s still important to take your time and avoid making mistakes. Even the simplest error can lead to increased premiums, policy cancellations or insufficient coverage.

October 23, 2023 |

Grounding a tool or electrical system involves creating a low-resistance electrical path that connects to the earth. A ground-fault occurs in a tool or electrical system when there is a break in this low-resistance grounding path. The electrical current may then take an alternative path to the ground through the user, resulting in serious injuries or death.

August 24, 2023 |

As the frequency and severity of extreme weather events increases, businesses need an up-to-date and proactive action plan to minimize the impacts of these events on their people and property.

August 15, 2023 |

When it comes to ensuring the health and safety of workers in the manufacturing industry, the importance of personal protective equipment (PPE) cannot be overstated.

July 18, 2023 |

While inflation has always been a concern within the commercial insurance market, over the past year inflationary pressures have influenced various sector trends – including labor shifts, employee wages, medical expenses and rate adequacy challenges.

June 27, 2023 |

An attractive nuisance is a potentially dangerous, man-made condition that exists on a construction site, vacant site or active site after-hours that draws trespassers—including children. If a child trespasses on site due to these conditions, the general contractor on the site can be held liable for any injuries sustained.

May 31, 2023 |

The importance of homeowners insurance cannot be overstated. After all, owning a home is a major investment. Should an unexpected disaster or accident involving you, your home or your personal property occur, a homeowners insurance policy can help ensure that your investment is properly protected.

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