light duty job example

Why You Need Claims Management on OCIP Workers Compensation Claims

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CCIP or OCIP Workers Compensation claims can cost you a lot. Contractor Controlled Insurance Program (CCIP) and Owner Controlled Insurance Program (OCIP) are insurance programs that are designed to “wrap up” most, if not all, all of the…
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Why NY Construction Insurance May Be Toxic To Your Profits

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Why NY Construction Insurance May Be Toxic To Your Profits I was having a beer with a friend of mine at a golf outing recently. He’s an accountant in the construction practice group at a major accounting firm. I told him the story about a…
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Why The Commercial Insurance Marketplace Fails Your Business

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Simply put, the insurance claims goals between most commercial insurance buyers and the carrier / brokers heretofore named the insurance marketplace are misaligned. The goal of a savvy insurance buyer is to transfer as much risk to the…

The One App That Could Lower Your Insurance Costs By 30 Percent

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Mobile App Insurance If you are still using paper forms to report claims, you are on the losing end of the cost battle. Every company struggles with lowering their costs. The winners understand that lower costs equal greater market share or…

Late Reporting of Employee Injuries will Lead to NY Workers Comp Board Fines

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At Metropolitan Risk, our best practice clients understand the critical importance of getting employee injuries into the workers compensation system. Each injury that goes undetected or unreported costs the employer up to 39% more for the same…

Working on a Wrap Project: You're Not As Protected As You Think

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I work with high risk businesses every day, and sometimes, when I think I’ve seen it all, something new comes around to surprise me. Many large construction projects will use a “Wrap” or an “OCIP/CCIP” (For more info on what this…
Multi State Exposure

Does it Make Sense to Pay Injured Employees Twice or Even Three Times?

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Unfortunately this is a question facing both interstate and intrastate trucking companies whose home office is in state “A” but they operate in states B,C,D,E. etc… These companies face what is called Multi-State Exposure. This occurs…
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Leverage These 3 Insurance Brokerage Services to Lower Your Costs & Gain a Competitive Advantage

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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…
light duty job example

Using Light Duty Jobs to Lower Your Workers Comp Costs

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Okay, you’re a business. You have employees that get injured, creating workers comp claims, and then driving up your premiums. More money spent. Unfortunately, some of these workers comp claims are unavoidable as there is no way to escape…