Is Your Construction Company Missing Your CPAP Workers Compensation Insurance Premium Credit
Construction Practice Group Content, Workers Compensation Insurance, Workers Compensation Premium AuditsIf you are a construction company that purchases workers compensation insurance make sure you are receiving the CPAP workers compensation insurance premium credit. The Contracting Classification Premium Adjustment Program (CPAP) is a discount…
Ladder Safety Plan Is Critical To Controlling NY Construction Liability Insurance Costs
Construction Practice Group Content, General Liability InsuranceWhy Ladder Safety Is Important To Controlling NY Construction Liability Costs
Falls from elevated surfaces are frequently listed as one of the top 10 causes of accidents in the workplace. Most of these accidents occur due to failure to follow…
Drive Other Car Coverage Helps to Bridge Auto Policy Gap
Commercial Auto, Construction Practice Group Content, Transportation Practice Group ContentIf you provide company vehicles to your employees and these employees don’t have their own personal automobile insurance policy, a potential gap in coverage exists. To adequately cover commercial automobile liability, a drive other car endorsement…
Why You Need Claims Management on OCIP Workers Compensation Claims
Claims Management, Construction Practice Group Content, Workers Compensation Insurance, Workers Compensation Premium AuditsCCIP or OCIP Workers Compensation claims can cost you a lot.
Contractor Controlled Insurance Program (CCIP) and Owner Controlled Insurance Program (OCIP) are insurance programs that are designed to “wrap up” most, if not all, all of the…
Why NY Construction Insurance May Be Toxic To Your Profits
Claims Management, Construction Practice Group Content, General Liability Insurance, Workers Compensation InsuranceWhy NY Construction Insurance May Be Toxic To Your Profits
I was having a beer with a friend of mine at a golf outing recently. He’s an accountant in the construction practice group at a major accounting firm. I told him the story about a…
Why The Commercial Insurance Marketplace Fails Your Business
Claims Management, Construction Practice Group Content, Food & Beverage Practice Group Content, General Liability Insurance, Human Services Practice Group Content, Risk Management, Transportation Practice Group Content, Workers Compensation InsuranceSimply 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…
Workers Compensation Audits and Independent Contractors
Construction Practice Group Content, Workers Compensation Insurance, Workers Compensation Premium AuditsWorkers 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…
Follow-Up: NY State OKs Naming Entities as Additional Insureds Where Status is Blanket
Construction Practice Group Content, General Liability InsuranceOn December 18th, The New York State Department of Financial Services told the IIABNY that, where a liability insurance policy contains an automatic or blanket additional insured endorsement, certificates of insurance can name specific additional…
Working on a Wrap Project: You're Not As Protected As You Think
Claims Management, Construction Practice Group Content, General Liability Insurance, Workers Compensation InsuranceI work with high risk businesses every day, and sometimes, when I think I’ve seen it all, something new comes around to surprise me.
Many large construction projects will use a “Wrap” or an “OCIP/CCIP” (For more info on what this…