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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Signs of a False Workers Compensation Claim

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A false workers compensation claim is more common than you might think.  The sooner you call the sooner we can help you work through it. The workers’ compensation insurance system is a no-fault method, paying workers for medical expenses…
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The Importance of a Return To Work Evaluation Form

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What is a return to work evaluation form? Employers can provide their employees a return to work evaluation form to give to their physician when the employee suffers a work-related injury. The form can facilitate communication between the…
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Best Workers Comp Class Codes For Adult Day Care Employees

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Virtually every business with employees is required to have workers compensation insurance, as this is mandated by state law contingent on where your company operates it's business.  It can be difficult to know what workers comp class codes…
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Drive Other Car Coverage Helps to Bridge Auto Policy Gap

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If 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…
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Looking for the Root Cause Of Your Problem ? Try Why Analysis

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Remember when your kids annoyed you by responding to everything you said with “Why?” Well, there was a genius to that tactic only children can impart.  The 5-Why Analysis is a method used to determine and understand the root cause of a…
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NYSIF WC audit with Out of State Payrolls

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NYSIF WC audit with out of state payrolls Workers Compensation audits with the New York State Insurance Fund can often be complicated and stressful undertakings. Some of the potential issues employers may face are weekly payroll limitations,…
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What Are Micro Captives & How Can Your Business Utilize Them?

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Let’s start from square one.  Captives, unlike insurance companies, are risk financing structures that do not pool risk between thousands of companies in exchange for a premium.  They are expressly built to act just like and replace insurance…
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Workers Compensation Carriers Are Misclassifying Employees of On-Line Retailers and Wholesalers

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Workers Compensation Carriers Are Misclassifying Employees Of On-Line Retailers and Wholesalers One area we see a lot of errors is the proper classification of employees of On Line Retailers and On Line Wholesalers during a workers compensation…
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Why NY Construction Insurance May Be Toxic To Your Profits

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Why 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…