car accident

Drive Other Car Coverage Helps to Bridge Auto Policy Gap

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If you provide company vehicles to your employees and these employees don’t have their own personal automobile insurance policy, a potential gap in coverage exists. To adequately cover commercial automobile liability, a drive other car endorsement…
5 why analysis

Looking for the Root Cause Of Your Problem ? Try Why Analysis

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Remember when your kids annoyed you by responding to everything you said with “Why?” Well, there was a genius to that tactic only children can impart.  The 5-Why Analysis is a method used to determine and understand the root cause of a…
holding a heart in your hands

Why You Need Claims Management on OCIP Workers Compensation Claims

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CCIP or OCIP Workers Compensation claims can cost you a lot. Contractor Controlled Insurance Program (CCIP) and Owner Controlled Insurance Program (OCIP) are insurance programs that are designed to “wrap up” most, if not all, all of the…
NYSIF WC audit with out of state payrolls

NYSIF WC audit with Out of State Payrolls

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NYSIF WC audit with out of state payrolls Workers Compensation audits with the New York State Insurance Fund can often be complicated and stressful undertakings. Some of the potential issues employers may face are weekly payroll limitations,…
cybersecurity animation

Cyber Security Regulation

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New York State is implementing a new Cyber Security Regulation effective March 1st, 2017. "New York is the financial capital of the world, and it is critical that we do everything in our power to protect consumers and our financial system from…
money growing on trees

What Are Micro Captives & How Can Your Business Utilize Them?

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Let’s start from square one.  Captives, unlike insurance companies, are risk financing structures that do not pool risk between thousands of companies in exchange for a premium.  They are expressly built to act just like and replace insurance…
correct path and incorrect path

Workers Compensation Carriers Are Misclassifying Employees of On-Line Retailers and Wholesalers

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Workers Compensation Carriers Are Misclassifying Employees Of On-Line Retailers and Wholesalers One area we see a lot of errors is the proper classification of employees of On Line Retailers and On Line Wholesalers during a workers compensation…
toxic stamp red

Why NY Construction Insurance May Be Toxic To Your Profits

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Why NY Construction Insurance May Be Toxic To Your Profits I was having a beer with a friend of mine at a golf outing recently. He’s an accountant in the construction practice group at a major accounting firm. I told him the story about a…
holding a heart in your hands

How To Obtain The NY Workers Compensation Safe Patient Handling Credit

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Regulation 119 issued from the Department of Financial Services stipulates that companies who develop, implement, and maintain safe patient handling programs may receive up to a 2.5% NY workers compensation safe patient handling credit . During…