Entries by Michael Stoop

Government Audits Target Illegal Workers

Government Audits Target Illegal Workers Feds are forcing over 1,000 firms to submit employment archives for investigation. The government is cracking down on the hiring of illegal workers, mostly in the public safety and national security sectors of business. Immigration and Customs Enforcement initiated an employment agreement inspection center to increase involvement across the nation. […]

Conflict Between Medical Examiners and Injured Workers

Conflict Between Insurance Medical Examiners and Injured Workers Hundreds of workers are injured on the job everyday. Companies in New York spend a significant amount on workers’ compensation, many of them are believed to be false injuries. These injured workers are being sent to worker’s compensation insurance independent medical examiners, retired doctors, paid by insurance […]

Social Media Firing Case Comes to a Close

  Social Media Firing Case Comes to a Close An employee was recently fired from the American Medical Response of Connecticut Inc. Ambulance Service after posting negative comments about her boss on the popular social network, Facebook. The company and the NRLB, National Labor Relations Board settled on an agreement to update NRLB regulations to […]

The Amazing Shrinking Insurance Policy

As a pet peeve of mine I love to check the size of the product containers I buy. Yeah baby living the dream, what can I say. To wit, Tropicana recently reduced the size the of their one gallon jug of orange juice to 59.5 ounces, down from  64 ounces. Yet they maintained the same […]

Product Defect Shutters Small Business

A glove manufacturer based in Arkansas that sold defective fire resistant gloves to the New York City Fire Department has shuttered it’s doors. I highlight this piece of news as this is the ultimate NET INCOME LOSS. Had they used the time tested tools of risk management, this situation could have almost certainly been avoided. According […]

NYC Declares Eminent Domain on Queens Development Site

Finally after years of wrangling and negotiating, the Bloomberg Administration is done talking and is taking action relating to the 62 acre Willets Point site in Queens, adjacent to Citi Field. The site, has long been a festering eyesore , which is hard to do when you sit across from Shea Stadium now appears set […]

New York Closes Down a Brooklyn Tortilla Factory

New York Closes Down a Brooklyn Tortilla Factory On Monday January 24, 2011, twenty-two year old worker Juan Baten fell into a factory dough mixer at the Tortilleria Chinantla located in Brooklyn, New York. After this tragic incident, inspectors discovered that the factory’s worker’s compensation insurance depleted in March of 2010 and had not been […]

More Reasonable Health Care for Small Businesses

More Reasonable Health Care for Small Businesses Health care insurance premiums have been increasing dramatically and have been hurting many small businesses. Health care costs take a large percentage of small business’ payroll, which was beginning to be unfeasible for many businesses. Small businesses pay at least 18% more than large companies who can better […]

Revision of NY Workers Compensation Benefits

Revision of NY Workers Compensation Benefits Since July 2010: Short Term Disability (total benefits) % of wage= 66.66 Weekly Pay: min=<$100 max=$600 Max length of time/ longevity of disability Continual Disability Benefits (total) % of wage=66.66 Weekly Pay: min=,$100 max=$600 Max length of time/ longevity of disability Short Term incomplete Disability Benefits % wage: 66.66% […]