Something Your Business Insurance Might Be Missing
Posted: August 22, 2018
If your business suffered a property loss, are you confident that your building would be restored to its pre-loss condition—including any changes in building codes? It is a sobering fact that over 30% of businesses that suffer a total loss never resume operations. If these businesses had purchased the right insurance, they might have been able to continue operation. One of the often-misunderstood kinds of...
Are Younger Workers More Accident Prone?
Posted: June 11, 2018
The National Council on Compensation Insurance Says Yes In a recent study by the National Council on Compensation Insurance, younger workers (ages 20-35) have more injuries than older ones. Older workers (ages 45-64) experience more high cost injuries, such as injuries to joints like rotator cuffs and knees. Workers aged 20-35 more commonly experienced ankle sprains. The real factor influencing the difference in medical severities...
Civil Disobedience Is Newer Civil
Posted: May 29, 2018
A Risk Management Update There seems to be a growing number of protects and civil disobedience these days. For whatever the reason for the protests, it does create a risk for your business. Your business insurance is designed to protect your business from unknown claims or accidents. Our job is to be your business insurance resource and to provide you with the best combination of...
The Benefits of a Workers’ Compensation Experience Modifier Review
Posted: April 12, 2018
Your Experience Mod Is Your Work Comp Identity It is a fact that many employers overpay for their workers’ compensation premiums. One of the reasons is that their experience modifier is not accurate. The experience modifier is a numeric representation of your company's loss history compared to the average for your industry. If your loss history is average, your modifier should be 1.00. The experience...
How To Prevent Your Business From Burning
Posted: January 12, 2018
Having the right kind of business insurance is very important to every business, because you rely on business insurance to protect your assets in the event of a fire, theft or other loss. In 2016, there were over 374,000 commercial fires which caused 2,300 deaths and over 7,400,000,000 of damage. (FEMA Report) Here are some actions you can take that may reduce the severity of...