Risk management refers to dealing with a businesses risks. How they transfer or efficiently self-manage each area of risk is how a company succeeds or fails financially.

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New OSHA Employee Injury Reporting Guidelines for 2017

Effective January 1, 2017 the Occupational Safety and Health Administration (OSHA) has established new injury reporting requirements that will phase-in over the next 2 years. Specific classes of employers based upon the work they perform will…
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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…
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Workers Compensation Audits and Independent Contractors

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Workers Compensation Audits and Independent Contractors One of life’s many non productive responsibilities is managing your annual workers compensation audits and Independent Contractors. Whats worse is pulling together all that information…
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NY State Takes Huge Increase On NY State Workers Compensation Loss Costs

A Brief Note About Loss Costs: Several years back New York State went to a loss cost rating mechanism. Essentially this means that The N.Y. State Workers Compensation Rating Board sets what they deem as the appropriate "Base Loss Cost Rate"…
Risk Management is the Road Less Traveled By

Risk Management : The Road Less Traveled

It’s a fact that companies who stop simply purchasing insurance and begin to manage risk achieve higher profits and greater market share as they improve their competitive position in their native markets. The question is what would you…
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Safety Management by Luck

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When it comes to safety, organizations traditionally adjust their seriousness of response (and their tracking) based on the severity of the incident. The following diagram shows such an organization. The arrows are drawn based on the…
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If A Football Team Was Run Like Most Safety Programs

Football as a Business After watching the Super Bowl this past weekend, I started to think, “What if a football team was run like a business?” The offensive team would be the production department, always pushing for the goal before…

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…
OSHA Requires Jobsite Postings of Form 300A By February 1

OSHA 300A Must Be Posted From Feb. 1st - April 30th

Remember to complete and post OSHA Form 300A, which lists a summary of the total number of job-related injuries and illnesses that occurred during 2015. The form must be posted from February 1st to April 30th, 2016. Fines for not doing so…