Understanding The Corporate Transparency Act : What It Means For Your Business
New York, Other, Risk Management, State LawDo You Have Workers That Are Frequent Claim Filers?
Claims Management, Workers Compensation InsuranceWhile the vast majority of workers comp claims are legitimate accidents from honest, hard-working employees eager to overcome their injury and get back to work. However, every so often an employee with ulterior, personal motives decides to beat…
Workers Compensation Insurance for Leased Workers
Construction Practice Group Content, HR Challenges, Transportation Practice Group Content, Workers Compensation Insurance, Workers Compensation Premium AuditsMany companies are increasingly turning to staffing agencies where they lease employees to meet their needs for a variety of reasons, including increased workloads and high employee turnover rates. Companies that use staffing agencies can save…
Considerations When Starting A Safety Committee
HR Challenges, Loss Control, Risk ManagementOne of the main parts of a solid safety program is to promote better communication between employees and management. We believe safety committees are one of the most cost effective, high yielding solutions for safety challenged organizations.…
Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos
Commercial Property, General Liability Insurance, Marketplace News, New York, Real Estate Practice Group, Risk ManagementAre you wondering why the renewal for your apartment building insurance for your rental building, Co-op or Condo has gone up by north of 20% ? This little primer might help explain why. The Chinese have a proverb, “may you live in interesting…
Why Current Economic Conditions Are Perfect To Restructure Your Insurance Program
Captive, General Liability Insurance, Line of Insurance, Risk Financing, Risk Management, Risk Transfer, Workers Compensation InsuranceIn our opinion, there is no better time to consider alternative risk transfer as a strategy to get more cost-efficient with respect to your current commercial property insurance, commercial liability insurance, workers compensation insurance,…
Reduce Costs At Scale By Restructuring Your Commercial Insurance Program
Captive, Line of Insurance, Practice Groups, Risk Financing, Risk Management, Risk TransferHave you ever wondered how utilizing captives, a high deductible insurance program, alternative risk transfer, self-insured retentions, or retrospective rating plans could further reduce your commercial insurance costs off your already low commercial…
What Is The Cost To Run A Captive Insurance Program?
Captive, Line of Insurance, Practice Groups, Risk Financing, Risk Management, Risk TransferHow much does it cost to start and run a captive insurance company? It’s the most frequent upfront question we get from organizations that are looking at starting their own captive insurance company for their organization. The short answer…
What’s The Difference Between a Deductible & Self-Insured Retention In Your Commercial General Liability Policy?
General Liability Insurance, Risk FinancingWith respect to your commercial general liability insurance policy; choosing between a high deductible or self-insured retention can have a major impact on your competitive position as your business competes on the street. We we want to give…