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 […]
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 […]
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 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 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 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% […]
Outrageous Awards Remember that 81 year old woman Stella Lieback who sued McDonald’s because she bought coffee from a McDonald’s in Mew Mexico, removed the lid, drove with the cup of coffee between her legs, and got burned from the hot liquid. Sounds ridiculous, but there have been many unbelievable lawsuits and awards that make […]
Workers Compensation Affected by Telecommuting Telecommuting is a cost effective option for both employers and employees who value flexibility. However, telecommuting does bring up some issues and affect workers compensation. It creates much ambiguity regarding the employee and compensation and how laws dictate telecommuting employees. Laws regarding workers compensation state that compensation is given when […]
“Many Business Owners Unaware of the Personal Liability Exposure Relating to Workers Compensation Insurance” If you have employees who work on or near “navigable waters” as defined by the Long Shoreman’s Act, failure to secure the proper Longshoreman’s Coverage under your NY or NJ Workers Compensation Insurance policy can leave the business owners personal liable […]