For businesses on the cusp of 50+ employees there now stands a major dilemma. Increase staff, hire independent contractors; stop growing? Due to a new law going into effect in 2014, if a company hits the 50 full-time employee threshold it will have to provide health coverage that meets government standards or potentially face a […]
Below you will find New York and New Jersey trade contractors that have been included in ENR’s top 600 speciality contractors of 2012 list. Want to see something interesting? The average experience mod of the companies we found below is a .866! This shouldn’t come as a surprise. Companies that have low mods have a […]
NYC recorded the lowest number of fire-related deaths in its history in 2012. It’s also the 7th year in a row in which less than 100 people died in a fire. The 58 fatalities last year were four fewer than the previous low of 62 in 2010. The figures follows a national trend of improving […]
Philip was driving to pick up a tool rental for a construction job his company was working on when another driver rear ended his car causing Philip to sustain serious back injuries. Ultimately the workers compensation insurance policy purchased by the construction company Philip was working for paid the hospital bills and lost wages. Since […]
Last week Governor Cuomo imposed new emergency regulations on insurers. Doing so will aid hundreds of thousands of NY state residents whose properties were damaged or destroyed when Hurricane Sandy struck a month ago. The New York Department of Financial Services made an emergency amendment to New York Insurance Regulation 64 (11 NYCRR Part 216) […]
Every September, the incoming group of kindergarteners becomes slightly older. As parents look to give every possible advantage to their kids, experts see a growing trend of redshirting, in which parents hold off on sending their children to kindergarten so they have an academic, athletic, and social leg up on their peers. Not a new […]
There is a new rule regarding NYC Day care QR code. New York’s City Council unanimously passed a bill recently that requires every city agency that has inspection, permit, license or registration information online to post a QR code linking to it. Think construction (Department of Buildings) Restaurants, Daycares, etc. The bill will become effective […]
Stumbled on this statistic that was recently released and figured I had to write a quick post about it for our food & beverage folks out there. “64 percent of mobile visitors convert immediately or within an hour!” Makes sense right? People typically search for somewhere to eat when they’re, well, ready to eat. Or maybe they’re […]
One of the most frequent questions we get is, “What is the difference between risk management and insurance?” In this video, we will focus on the difference risk management makes for real estate owners. In New York, these owners have tremendous exposure to Labor Law 240/241, “The Scaffold Law.” If a contractor or vendor gets […]