Make Time For A Safety Program Review

From time to time, it’s important to take a step back and do an overall evaluation of your company’s safety program. Whether done internally or by an outside set of eyes, reviewing your program can help identify gaps, as well as set goals going forward. If you've found your program has stalled a bit or you're just not seeing the results you 

 

Risk Alert: Changes to E-Mod Begin July 2015

Change is on the way when it comes to measuring safety in the state of Texas and it’s vital for risk managers and contractors to understand the forthcoming adjustments to the E-mod or workers’ compensation experience modifier. Your company's E-mod, which has long been viewed as the standard in terms of safety, could change simply due to 

 

Workers' Compensation Fraud Prevention & Red Flags

Every year workplace injuries, illnesses and deaths cost our nation $170 billion according to OSHA. The National Insurance Crime Bureau estimates the cost of workers' compensation fraud as $7.5 billion annually. The best way to confront the problem of insurance fraud is through prevention, investigation, and prosecution. Over 

Insurance Premium Audits -Tool For Managing Cash Flow

Insurance Premium Audit - A Tool For Managing Cash Flow

Audit... a term all business owners have seen before and often consider a bad thing. But, when used properly an audit can become an opportunity to help conserve cash flow at key times during the year. Whether your audit experience has been positive or negative, there are a few ways to properly organize your records and prepare documen

 

RISK ALERT: New FMCSA Penalties Effective June 2

The Federal Motor Carrier Safety Administration (FMCSA) has issued its final ruling regarding civil penalties for violations of federal regulations. Beginning June 2, penalties will increase across the board. In some cases, the penalties have increased from 30 percent to 50 percent. The following graphic highlights some of the notable penalty 

 

Annual Inspection Blitz "Roadcheck," June 2-4, 2015

Roadcheck, the annual inspection blitz conducted as a joint effort of the Commercial Vehicle Safety Alliance, Federal Motor Carrier Safety Administration and others, will take place June 2-4, 2015. CVSA says roughly 10,000 inspectors from state, local and federal enforcement agencies will be stationed at 1,500 inspection points across the

 

By Default or By Design: Managing Strategic Risk

It’s been said that every company has a strategic plan—it’s just a question of whether it’s by default or design. Those with nothing in place are at the mercy of what may come—quite simply, a company has chosen to be reactive versus proactive. As discussed in “The Downside of Positives: Managing Risks & Expectations” a few months back, risk 

 

Management Liability: Protecting Your Greatest Asset

Management Liability is a key component to protecting your greatest asset and can often be overlooked in the midst of an insurance renewal with the stress of deadlines, price comparisons and proposal reviews. The Management Liability policy contains three main coverage sections: Directors and Officers Liability, Employment Practices 

 

Measuring Safety: To Know Where You're Going, You Have To Figure Out Where You Are

Putting an effective safety program in place in your organization is an essential part of any business plan. Safety programs have many parts. Management leadership, employee involvement, workplace analysis, hazard prevention and control, and safety and health training are all important parts of the plan. But how do you know where to  

 

Risk Alert: HR Form I-9 Audits on The Rise

The current push for immigration reform is shining a spotlight on hiring practices and a surge in activity to hold companies accountable. Simply failing to produce a Form I-9 constitutes a substantive violation with penalties ranging from $110 to $1,100 per violation. Since January 2009, U.S. Immigrations and Customs Enforcement (ICE) has 

 

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