Not only is workers’ compensation coverage required in most states, but it also plays a major role in connecting injured employees to the care they need to return to work as quickly and safely as possible. That’s why it’s crucial for your organization to develop an effective workers’ compensation program.
Workplace accidents are unfortunate events that can disrupt both your physical and financial well-being. In the event of a work-related accident, our return to work program will help you transition back into a productive role as you recover from your injury.
These days, floods, earthquakes and similar catastrophes are common threats to a business’s property. In fact, according to the Insurance Information Institute, natural disasters cause billions of dollars in property losses in the United States each year.
There are a couple of terms dominating the marketplace discussion in the insurance industry right now – Social Inflation and Nuclear Verdicts. These two terms represent a couple of defining phenomenon in the current hard market.
Financial institutions are top targets for security breaches. While the media often reminds us of high-profile network leaks, financial institutions of all sizes are at risk. Because the unintentional release of sensitive customer information is a larger risk than ever, it is essential that you be prepared to react efficiently and effectively in the event of a breach. In order to prepare for breaches in security, financial institutions must tighten their data security controls and plan for a potentially significant financial blow should these controls be insufficient. With continual threats of viruses, hackers and unauthorized use of sensitive information, your institution must respond by preventing, detecting and responding to cyber attacks through a well-orchestrated cyber security program.
Owning and operating a hotel can be a rewarding endeavor. However, hotel operators have to manage numerous exposures related to lodging, and many offer amenities—including pools, exercise facilities, bars and restaurants—that can dramatically increase the number of insurable risks. The list below provides an overview of these hotel risks and more, helping you identify potential blind spots in your risk management and insurance programs.
Preparing for foreign travel can be a daunting task, and it may be even more overwhelming to plan a trip for a large group as part of a religious or nonprofit organization. Use these tips to make sure you have all your bases covered in terms of safety before taking off. Though no one likes to think about it, you should always be prepared for the worst possible scenario while traveling
It has become increasingly important for employers to offer some form of an employee benefits package in order to attract and retain a strong workforce. Additionally, employers may want to protect their company from the risks associated with offering employee benefits. While employers have traditionally insured their employee benefits risks through an outside insurance carrier, the increased demand for employee benefits has resulted in an inflation of costs associated with insuring employee benefits risks. Because of this, many employers have opted to cut out insurance carriers altogether and instead fund their group employee benefits risks with captives.
The way project owners evaluate and manage risks on construction projects and make fiscally responsible decisions to ensure timely project completion are crucial to their success. Since private owners cannot afford to gamble on a contractor whose reliability is uncertain or who could end up bankrupt halfway through the job, a surety bond is a great safety net for the investment.
Most school districts and individual schools have emergency management plans in place. However, they are not always practiced regularly, coordinated with community resources, updated regularly or based on factual data and circumstances. As a result, when schools and districts find themselves in situations that merit an emergency response, they are often left unprepared. Having a solid emergency response plan in place is essential, as emergencies of all shapes and sizes occur in schools on a daily basis, and these incidents can have lasting physical, emotional and educational ramifications.
