Workers’ compensation insurance is mandatory for New York employers. Purchasing New York workers compensation insurance may help to fulfill your legal obligations as an employer, but is there more you could do to keep your workforce safe and healthy? Working to eliminate workplace hazards is a great way to start your safety program. Attend to […]
Are you planning to start a home-based business in New York? Before you launch your business it’s important to consider the insurance implications of working from your home, such as home insurance, business insurance and New York workers compensation insurance. Let’s get the easy part over with first. New York workers’ compensation insurance is mandatory […]
New York businesses that sell, produce, distribute or serve alcohol need to carry liquor liability insurance. Restaurants and bars where liquor is sold obviously need the protection of this type of insurance product but don’t forget that you may also need protection if you serve alcohol to your guests at a business function even though […]
Are you organized for your workers compensation audits and do you know what they’re all about? It’s no secret that the word ‘audit’ tends to scare people, but as long as you have all the paperwork relating to whatever is being audited, you should be fine. There are some things about a workers’ comp audit […]
Making sure you minimize the potential for financial losses in your business means being on top of all aspects of risk management NY. The key is strategic planning, right across the business, so that you can monitor risk factors and make ongoing assessments of where you may need to take appropriate measures. Troubleshooting sessions with your […]
The idea of audits of any kind may strike fear into business owners but this needn’t be the case. As long as you maintain accurate records and have the required information to hand, you shouldn’t experience any major difficulties. In this respect, there is no real difference between the types of audit you may experience […]
Preparation is the key to good risk management. NY weather patterns are changing and the unexpected is becoming more likely. It pays to allocate time specifically to implementing strategies to minimize business losses. The events of 9/11 brought home to New Yorkers that America is no safer from terrorist activity than anywhere else in the […]
Standard & Poor’s the rating Agency that got so much so wrong during the financial meltdown may have gotten this one right, unfortunately. In their report just issued entitled “For The US Prop/Casualty Industry, Making Workers Compensation Profitable May Be Mission Impossible”; they essentially delineate all of the reasons why insurance carriers who underwrite and […]
As a business owner, you know that you may experience regular auditing – some audits you will initiate internally, to monitor your business progress. Others may be initiated by outside entities. The key to getting through an audit with the minimum amount of stress is organisation, so each time you set up something new in […]