Risk management refers to dealing with a businesses risks. How they transfer or efficiently self-manage each area of risk is how a company succeeds or fails financially.

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Who Is Exempt From Workers Compensation Coverage?

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The New York workers' compensation insurance law requires the majority of employers to have appropriate workers comp insurance coverage in place. However, there are three key exemptions. Sole Ownership If you run your business alone and don’t…
Buying Cyber Insurance

Buying Cyber Insurance Does Not Protect Your Organization From Cybercriminals

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Buying Cyber Insurance Does Not Protect Your Organization From Hackers   Understand that purchasing Cyber Insurance does not protect your organization from hacking. It simply finances pieces of the loss. A recent report by cybersecurity…
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Returning To The Office During COVID-19

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Returning to the office has proven to be challenging for employers. Organizations of all sizes are struggling to determine which employee health screenings they can execute without infringing on their employees’ rights. From scheduled questionnaires…
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Hired & Non-Owned Liability Coverage

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As businesses of all sizes and industries are reevaluating how they plan on doing business moving forward, many small businesses have shifted from physical retail locations to online and home delivery services. This is to keep up with customer…
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CyberSecurity: Advice for Prevention

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There is no such thing as infallible cybersecurity. No matter how many millions of dollars an organization spends on online security, some hacker, somewhere, at some time, may successfully break-in. A common example is JPMorgan Chase, who spent…
Modern Workplace

Cybersecurity Program Checklist Help

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Cyber liability insurance is a trailer to a strong cybersecurity program. The insurance portion helps your organization recover costs associated with the negative effects of a successful cyber attack. Cyber liability insurance cannot prevent…
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Business Interruption Insurance Coverage For Business Continuity

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Most business owners view the whole insurance purchase and claims process as a black art, which this writer completely understands. After 25 years in the business, I too scratch my head at some of the “spells” insurance carriers concoct. Let…
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How to Avoid Overexertion in the Workplace with Statistics

A common cause for New York workers compensation insurance claims can be overexertion. In fact, the Bureau of Labor Statistics recently published 2017-2018 overexertion statistics. They found that 295,000 in 2017 and 282,000 overexertion injuries…
National Safety Month sign

National Safety Month 2020

June is National Safety Month. While safety should be at the forefront year-round, let us use this time to highlight workplace safety. Effective risk management strategies, which include claims management and timely claim reporting can help…