In our opinion, there is no better time to consider alternative risk transfer as a strategy to get more cost-efficient with respect to your current commercial property insurance, commercial liability insurance, workers compensation insurance, & commercial auto insurance. As I write this the country and the world are about to exit the covid pandemic. If … Continue reading Why Current Economic Conditions Are Perfect To Restructure Your Insurance Program→
Using a common password leaves your organization at risk for cybercriminals to attack your account. Let’s add password protection as a major component in your organization’s cybersecurity plan. The risk of a common password is tremendous, and you should avoid having one at all costs. Did you know: 4.7% of users have the password password; … Continue reading Risk of a Common Password and Ways to Avoid it (Infographic Inside)→
Technology consultant firm Cognizant fell victim to cyber-attacks caused by a ransomware attack last April. The hack disrupted thousands of employees from accessing networks from their home during quarantine. Clients also disallowed Cognizant to use their networks in case of further breach, causing major revenue and clientele loss. Cognizant losses total $50-$70 million in lost … Continue reading Cognizant Gets $400 Million Payout After Cyber Attacks→
An Under looked problem Heat injury and illness is a serious work-related danger that affects millions of American workers each year. Not only do heat injuries directly cause injuries/illness, but at times they are the underlying reason for mishandling of equipment, and lack of focus that leads to other work-related injuries. While federal agencies such … Continue reading Heat Injury and Illness in the Workplace→
Safety meetings are common in the workplace, and will be almost necessary once normal work resumes post covid-19. The problem that arises from safety meetings is that sometimes they are inefficient. They are too long, planned at the wrong times, and/or not executed correctly. There are 4 simple steps to correctly have a safety meeting … Continue reading Safety Meetings: Advice and Tips→
The New York workers’ compensation insurance law requires the majority of employers to have appropriate workers comp insurance coverage in place. However, there are three key exemptions. Sole Ownership If you run your business alone and don’t have any employees, you may not need to have workers’ compensation coverage. You should note, however, that in … Continue reading Who Is Exempt From Workers Compensation Coverage?→
There is no such thing as infallible cybersecurity. No matter how many millions of dollars an organization spends on online security, some hacker, somewhere, at some time, may successfully break-in. A common example is JPMorgan Chase, who spent close to $100 million to shore up their systems only find their systems hacked and sensitive data … Continue reading CyberSecurity: Advice for Prevention→
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 … Continue reading How to Avoid Overexertion in the Workplace with Statistics→
June is National Safety Month. While safety should be at the forefront year-round, let us use this time to highlight workplace safety. Effective risk management strategies, which include claims management and timely claim reporting can help organizations mitigate losses, and also identify weaknesses in their own safety program. NSC created National Safety Month to increase … Continue reading National Safety Month 2020→
