As fall approaches each year, it triggers our strategic thinking about our company goals for the next year and how we will achieve them as an organization. I am sure if you are taking valuable time to read this, you also have the foresight to plan, budget, and execute a Profit & Loss Statement. Most […]
As you and your team are well aware, maintaining a safe work site pays huge dividends to the long term cost structure for your company. With the high cost of employee injuries impacting both your future workers compensation & liability insurance premiums ; we think it’s wise to keep safety top of mind each day […]
In today’s evolving marketplace, many best practice firms are leveraging their vendor partners for extra services, driving extra value to their organization. The insurance brokerage relationship is one of the primary areas these firms are mining in order to drive down their unit costs and gain a competitive advantage. Listed below are a few examples […]
We see many common trends working with companies over the years that suffer high costs due to workplace injuries. One common thread is that in many of these companies you will see employees who have suffered multiple workplace accidents. At Metropolitan Risk we like to be proactive in our default response, assuming that these […]
In a business world taking advantage of all that new and advanced technology has to offer, it might be easy to forget the vulnerability associated with displaying so much private and valuable information on accessible sites. As with all types of risk, data information leakage will drive up your company’s costs due to the actual […]
The poster below is a tangible example of how we should be strategically marketing to our own employees. We as fellow business owners and executives spend so much blood and treasure marketing to potential customers, however so little time messaging to our own people. We scratch our head as to why we have unhappy customers, […]
The new Transportation Industry Fair Play Act, effective April 10, 2014, determines whether a driver of commercial vehicles is considered an employee for the company they are servicing or an independent contractor. The cost ramifications of this new law can be quite substantial for companies that hire out 3rd party truckers or transport folks […]
Effective for workers compensation policies that begin on or after July 1st, 2014 for those companies that perform construction work in N.Y. the New York Construction Payroll Limitation cap will be $1,212.98. For those who need a re-fresher; beginning in 1999 the NY Legislator passed a law that essentially caps the amount of construction payroll […]
On May 2nd the N.Y. Supreme Court issued an important statement relating to the assessments issued to many New York based businesses who are on bended knee trying to pay the significant charges being accrued from their participation in New York’s Self Insured Trusts. In a significant ruling, “Riccelli Enterprises Inc., et al., versus the […]