Frustrated by the commercial insurance renewal process… Every year commercial insurance buyers dread going into “renewal season” attempting to try and get the best pricing for their insurance program. The entire process is flawed, as shown here by another great article. They receive their quotes at the last minute, asked to make a six-figure purchasing decision […]
Commercial Insurance Is Essentially A Very Expensive Credit Line In Reverse… Have you ever missed a payment on a Visa card only to watch your interest rate double because of that simple mistake? Misaligned goals are common and, unfortunately, costly. This happens all the time, and currently there is no way to take back that […]
There is a secret to knowing your construction liability insurance renewal pricing months early. What if we told you that you could predict within a reasonable variance how much your construction liability insurance pricing will change at your renewal? Crazy helpful huh? Well, look no more for a solution to your problem. If you do […]
Do Commercial Insurance Carriers Know Too Much? It wasn’t too long ago when the worst run companies thought they could escape their poor claims results by shutting down and starting another company to try an outrun their loss history and insurance past. How about the construction company who thought they would be slick. They tell […]
New York State developed the NY State Construction Industry Fair Play Act to reduce levels of employee misclassification and fraud; predominantly in the construction industry. NY State Dept of Labor discovered employers in both the transportation industry and construction were intentionally reporting employees as “independent contractors” to state and federal authorities or their workers’ compensation […]
There are 3 questions every organization should put to each level within their organization to get a sense for how aligned they are as it relates to managing employee injuries, near misses and workers comp claims in general. Doing so will open up plenty of different conversation with your employees regarding their answers. Hence, why […]
A safe work environment starts with good systems and proactive, engaged leadership. Your safety programs success depends greatly on how much of these attributes you bring to the table. Accidents in the workplace are usually caused by lack of attention AND lack of supervision. Recently, the NYC Department of Buildings (DOB) assigned more responsibilities to […]
In addition to a number of site safety prerequisites regarding construction superintendents local law 204 necessitates pre-shift safety meetings for workers at construction sites. A permit holder who requires a site safety manager, site safety coordinator and construction superintendent must have a safety meeting with workers who are on site and under a permit holder […]
You’re probably looking online for an answer on “How to Spot Workers Compensation Claims”. Well, it’s probably the most often repeated refrain when we speak to folks whose companies are suffering under the high cost of employee injuries. They feel victimized by the system, mistreated by morally challenged employees, wronged by the insurance carriers who […]