Managing Risk – Fall 2020

Operating Your Business During the Pandemic

open signMany businesses have adjusted to the pandemic by implementing work from home arrangements for their employees. This is often an incomplete or inadequate solution though.
Read on for details.
 

Get Ready for Parametric Insurance

graphParametric insurance is a type of insurance that does not indemnify the actual loss, but pays when something related has occurred with sufficient intensity to justify payment of a loss.
Read on for details.
 

How the Pandemic Could Shape the Future of Health Care

telehealth apptThe COVID-19 pandemic has quickly forced the medical community in the United States to rethink how it provides health care. In response to the crisis, new regulations have been enacted and advances in technology fast-tracked.Read on for details.
 

What is ADA?

The Americans with Disabilities Act (ADA) and amendments, which applies to employers with 15 or more employees, says employers cannot discriminate against individuals with disabilities in hiring, promoting, retaining and other aspects of employment.Read on for details.

Personal Lines – Fall 2020

6 Steps to Hurricane Preparedness

lightning stormAccording to Swiss Re, a storm identical to Katrina in 2005 would today cost at least $200 billion.
Read on for details.
 
 
 

Car Insurance Premiums Trend Lower

toy car and key fobCar insurance premiums are down as compared to other costs, including insurance cost drivers like hospital rates and repair shop costs. Read on for details.
 
 

13 Tips for Avoiding Identity Theft

hand stealing card through computer14.4 million consumers were victims of identity fraud in 2018, according to the 2019 Identity Fraud Study from Javelin Strategy & Research.
Read on for details.
 
 

When to Create a Home Inventory

Creating a home inventory may seem like a bother. But the day will come when you will be glad you did.
Read on for details.

Workers Comp & Safety News – August/September 2020

COVID-19 Impact on Workers Compensation Industry

graph with viruses in backgroundAccording to a survey put out by health industry guru and strategist Joe Paduda, the workers compensation system could see a 20 percent decrease in new injury claims this year due to the coronavirus pandemic.
Read on for details.
 

COVID-19 Liability Waivers

person signing documentAt a recent campaign rally attendees were asked to sign liability waivers to protect against lawsuits related to contracting Covid-19. Many businesses are doing the same with customers and employees.
Read on for details.
 

How Does Self-Insured Workers Compensation Work?

person with checkSelf-insuring is an increasingly popular alternative to purchasing coverage from traditional providers. There are advantages and disadvantages.
Read on for details.
 
 

Excess Workers Compensation Comes in Two Basic Formats

Specific Excess Insurance limits the amount a self-insured must pay for any single occurrence. Read on for details.

Managing Risk – Summer 2020

Most Business Policies Cover Riots, Vandalism and Civil Commotion

protestorDifferent policies cover different kinds of damage to property.
Read on for details.
 
 
 

3 Challenges for Benefit Managers During the Pandemic

man with briefcase and maskProviding benefit portability, helping employees manage their work/life balance and maintain financial stability can help employees during this difficult time.
Read on for details.
 
 
 

D&O Policies and The Coronavirus

empty conference roomEven before COVID-19, insurance for directors and officers (D&O) was experiencing a hard market.Read on for details.
 
 
 

Key D&O Terms You Should Know

Entity Coverage/Allocation Provisions: Claims can get complicated when the corporate entity is named as a defendant along with directors and officers.
Read on for details.

Personal Lines – Summer 2020

COVID-19 Update: How Insurance Companies are Helping Consumers

man holding umbrellaIn addition to payment relief to some customers, insurance companies are maintaining staff and supporting national pandemic relief efforts.
Read on for details.
 
 

Despite Its Low Cost, Most Consumers Don’t Buy Cyber Risk Insurance

digital lockA new report by the Insurance Information Institute (Triple-I) says most Americans underestimate the threat of cybercrime and are not buying insurance against it, despite its low cost.
Read on for details.
 

New Insurance Concepts That Could Save You Money

digital clockOn-demand insurance is expected to become a fundamental part of the insurance industry.
Read on for details.
 
 
 

CDC Tips for Cleaning and Disinfecting against the Virus

Hygiene tips to combat COVID-19.
Read on for details.

Insurance Buyers News – May/June 2020

Business Income Insurance and the Coronavirus

closed signDuring a recent Coronavirus update meeting, President Donald Trump said that he thinks that many insurance companies should be paying business income losses due to the coronavirus pandemic.Read on for details.

Is Your Auto Insurance Delivering During the Pandemic?

pizza delivery personHas your business been declared an essential service during the pandemic? If so, you are probably making home deliveries either for the first time or to a greater extent than before.
Read on for details.

Cyber Security and Working Remotely in the Pandemic

lockNow with so many more people working from home because of the coronavirus pandemic, it’s a good time to review your off-site cybersecurity practices. Read on for details.

Cyber Security for Mobile Devices

If you use a mobile device for company business, you should:
Read on for details.

Managing Risk – Spring 2020

How to Create a Risk Management Plan

risk management gearsWhen we think of risk, the first thing that usually comes to mind is insurance. But insurance is just one component of a sound risk management plan.
Read on for details.
 
 

CDC COVID-19 Guidance for Employers

world mapYour cleanliness and sick leave policies may need to be reexamined.
Read on for details.
 
 
 

Workers Compensation Insurance Execs Look into the Future

person holding crystal ballHere are the five critical trends affecting workers’ compensation identified by the National Council on Compensation InsuranceRead on for details.
 
 
 

Top 5 Workers Comp Fraud Schemes

According to the National Insurance Crime Bureau, fraud costs insurers and employers over $7 billion a year.
Read on for details.

Personal Lines – Spring 2020

Insurance for When Your House is not Your Home

houseThis can be an important matter in couple of instances: You’re living away from home for an extended period or you’re renting out all or part of your home. Read on for details.

Travel Insurance to the Rescue

woman with passportNot every trip justifies travel insurance, but for that big ticket, overseas, once or seldom in a lifetime excursion, travel insurance is at least worth considering. Read on for details.

Busting Auto Insurance Myths

car accidentMyth 1 — Red Cars Cost More to Insure Read on for details.

Important Travel Insurance Add-ons

Cancel Anytime Coverage: Some insurers offer policies with a Cancel Anytime feature which allows purchasers to cancel their trip for almost any unforeseen reason and even receive reimbursement for all or a portion of their non-refundable travel deposits. Read on for details.

Workers Comp & Safety News -February 2020/March 2020

When Are Workers Comp Claims Denied?

envelope stamped DENIEDWhile workers’ compensation is essentially a no fault bargain between employers and employees there are a number of reasons claims can be denied. Read on for details.
 
 

Workers Compensation Insurance Execs Look into the Future

person holding crystal ballHere are the five critical trends affecting workers’ compensation identified by the National Council on Compensation Insurance. Read on for details.
 
 
 

Can Second Injury Funds Help Reduce Your Comp Costs?

worker holding his backMore than half of injured workers having a pre-existing condition. Who pays if the recent injury aggravates the previous injury?
Read on for details.
 
 

Top 5 Workers Comp Fraud Schemes

According to the National Insurance Crime Bureau, fraud costs insurers and employers over $7 billion a year. Read on for details.

Managing Risk – Winter 2020

Are Insurance Companies Prepared for Another 9/11?

NYC skylineThe terrorist attacks on 9/11, in which terrorists hijacked and flew commercial airliners into the World Trade Center Towers and the Pentagon, demonstrated how such events are unpredictable, highly destructive and possibly uninsurable.
Read on for details.

How to Insure against Alleged Whistleblowers

person blowing whistleEmployees file lawsuits against their employers for many reasons.
Read on for details.
 
 
 

6 Workers Compensation Regulation Trends to Watch in 2020

person putting money in dr pocketThe expansion of presumption laws is just one of the predictions made by speakers at a recent workers’ comp conference. Read on for details.
 
 
 

How Does WC Coordinate with Social Security and FMLA?

Regarding Social Security, when a worker becomes eligible for both workers’ compensation and Social Security disability insurance benefits, one or both of the programs will limit benefits to avoid making excessive payments relative to the worker’s past earnings.
Read on for details.

Personal Lines – Winter 2020

A Quick Guide to Renters Insurance

house with rent signIn a sense, renters insurance is homeowners insurance — without the building. Read on for details.
 
 
 
 

Updates on the Automobile Technology Revolution

self driving carAs technology makes cars safer and more efficient, there are bumps in the road. Here are a few of the latest ones. Read on for details.
 
 
 
 

Mayor Proposes Mandatory Firearm Liability Insurance

gun safeA California mayor recently proposed that his city require all gun owners to carry insurance — or pay a fee that offsets the cost of gun violence. Read on for details.
 
 

How to Practice Firearm Safety

There are a multitude of safety measures you can take to prevent firearm incidents at home. Here are several tips to get you started:
Read on for details.

Insurance Buyers News – November/December 2019

How to Insure against Alleged Whistleblowers

whistle with zipperEmployees file lawsuits against their employers for many reasons. A 62-year-old white male employee with a positive performance record and favorable bonuses was terminated by a foundation. He sued the foundation … Read on for details.
 

Are Insurance Companies Prepared for Another 9/11?

NYC at nightThe terrorist attacks on 9/11, in which terrorists hijacked and flew commercial airliners into the World Trade Center Towers and the Pentagon, demonstrated how such events are unpredictable, highly destructive and possibly uninsurable.
Read on for details.

Why You — not just “Dolly” and “Bruce” — Might Need Surplus Lines Insurance

woman on tightropeA change in your business strategy can create a need to access the surplus lines market.
Read on for details.
 
 
 

What Does Surplus Lines Cover and How Do You Buy It?

Surplus lines insurers handle a broad range of business risks. These are some examples of the types of risk commonly insured by excess and surplus lines insurers: Read on for details.