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Category: Risk Management
The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.
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Benefits of a Business Owners Policy (BOP)
October 18, 2019
As a business owner, there is no shortage of things that you need to manage on a daily basis. Whether it's supervising employees, connecting with new clients or anything in between, there is only so much time in the day. That being said, it's nice to have the peace of mind that you and your…
Read MorePreventing Slip, Trip, and Falls in Health Care
October 5, 2019
Slips, trips, and falls (STFs) are a significant hazard for health care workers that can result in serious injury. In fact, according to the U.S. Bureau of Labor Statistics, STFs are the second-leading cause of serious injury among hospital workers. There are a host of factors that lead to STFs in the health care industry…
Read MoreMobile Device Security
September 28, 2019
Gone are the days when the most sensitive information on an employee’s phone was the names and phone numbers of their contacts. Now, a smartphone or tablet can be used to gain access to anything, including emails, stored passwords and even proprietary company data. Depending on how your organization uses such devices, unauthorized access to…
Read MoreSafety Matters: It’s No Accident
September 22, 2019
Accidents can happen at any time in the workplace, often when you least expect them. However, many on-the-job accidents can be avoided by focusing on safe practices and taking necessary safety precautions. Know the Hazards The cause of accidents can almost always be traced to a dangerous act, an unsafe condition or a combination of…
Read MoreThe Importance of Prompt Claims Reporting
September 19, 2019
The rising cost of claims presents a significant challenge for employers today. However, there is a simple strategy that can significantly reduce your claims costs: report all claims promptly. In fact, the sooner a claim is reported, the lower the cost is likely to be. Beyond cost, reporting claims promptly can help avoid unnecessary conflict…
Read MoreWhat is OSHA and Why is it Important to Your Business?
September 7, 2019
Why is job safety and health important? In 2013, 4,585 employees died from occupational incidents, and there were a staggering 3.0 million total recordable cases of workplace injury and illness. On average, each of these 3.0 million cases required eight days away from work, which means U.S. employers as a whole paid for millions of…
Read MoreWorkers’ Compensation: Taking a look at frequently asked questions
September 1, 2019
Workers’ compensation benefits are available to employees who are unable to work as a result of either a work-related accident or illness. If you are injured on the job and medically authorized to take time off from work, you will be reimbursed for lost wages (typically a percentage of your regular wages) and all medical…
Read MoreEnforcement Actions Are Up and Expected to Stay That Way
August 17, 2019
U.S. Secretary of Labor Alexander Acosta recently told the House Labor, Health and Human Services, Education and Related Agencies Appropriations Subcommittee that he “fully expects” OSHA inspections to increase once new inspectors are trained. Increased DOL Enforcement Actions Acosta’s remarks are in line with the significant increase in enforcement actions employers have seen in the…
Read MoreLightning Safety for Outdoor Workers
August 3, 2019
Although about 90 percent of people struck by lightning survive, these strikes can cause serious and permanent disabilities. And, even if employees aren’t hurt by lightning, they may be at risk from any fires, explosions or other hazards that result from a strike. Together, these facts outline the importance of protecting employees who work outdoors…
Read MoreAbout Insurance for Roofing Contractors – Common Exposures
July 28, 2019
Roofing can be a competitive and rewarding field, and years of hard work can help contractors establish a strong customer base and reputation. Roofing contractors invest their expertise, time and energy to build or repair roofs that will stand the test of time. However, owning a roofing contractor business can be physically and mentally demanding,…
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