Buying Cyber Insurance Does Not Protect Your Organization From Hackers Understand that purchasing Cyber Insurance does not protect your organization from hacking. It simply finances pieces of the loss. A recent report by cybersecurity company Barracuda reported that Google-branded Spear Phishing attacks are up significantly since the start of 2020. These attacks only accounted […]
In the pursuit of operational efficiency, many organizations have inadvertently created a “shadow fleet.” To reduce overhead and capital expenditures, companies across all sectors—from Home Healthcare to Construction to specialized Sales organizations—are increasingly relying on employees to use their personal vehicles for business tasks. While this shifts the asset cost off your balance sheet, it […]
Most business owners view the whole insurance purchase and claims process as a black art, which this writer completely understands. After 25 years in the business, I too scratch my head at some of the “spells” insurance carriers concoct. Let me try and be as succinct as possible as I will focus on three main […]
A common cause for New York workers compensation insurance claims can be overexertion. In fact, the Bureau of Labor Statistics recently published 2017-2018 overexertion statistics. They found that 295,000 in 2017 and 282,000 overexertion injuries in 2018 caused days off from work, and naturally, WC claims. These take up 31% of the non-fatal; work injuries […]
Are you a construction firm working in NY? We found this great presentation by Domenique Camacho Moran, Partner and Head of the Labor & Employment Practice at Farrell Fritz addressing some of the parameters that various state and city agencies are recommending and goes through safety guidance for the construction industry. CLICK HERE for the slides […]
If you have jobs, locations, work, or employees who are now working from home and you are covered by the NY State Insurance Fund you need to make adjustments to your workers’ compensation insurance policy. Understanding the out of state exposure NYSIF compensation policy can be beneficial to keep your insurance and claims costs down. […]
For our clients and the curious here is a great resource guide as you seek to build out your own programs and responses to the COVID 19 pandemic. We have been fielding a great many calls from companies looking to get ahead of this issue. We thought we would aggregate the information that is the […]
A frequent question we get from NY State employers are what are the employer posting requirements for NY State. It’s important to update your employer postings, especially since the New York State Department of Labor is requiring a poster placed in a high trafficked area explaining and giving direction on your Sexual Harassment policy. For more […]
Foremost on most organization’s agenda is how do we resume operations in a COVID-19 world? Candidly it’s a bit complicated contingent on a great many factors. Here’s a very short list of some contingencies. What does your operation look like; what do you do? What does your service plant or office look like? How is […]