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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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Lightning 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,…
Read MoreWorkers’ Compensation Claims for Leased or Temporary Workers
July 1, 2019
Many companies are increasingly turning to staffing agencies to meet their personnel needs for a variety of reasons, including increased workloads and high employee turnover rates. Companies that use staffing agencies can save money because they avoid selecting, hiring and training new full-time employees. In addition, using staffing agencies frequently offers companies peace of mind…
Read MoreJune Is National Safety Month: Are you Prepared?
June 16, 2019
It’s always important to take a proactive approach to safety in the workplace, but sometimes an emergency can arise at a moment’s notice. Taking some time to plan before an incident takes place can help you take action quickly and ensure the safety of yourself and your co-workers. And, because the National Safety Council organizes…
Read MoreBenefits of Crime Insurance
June 9, 2019
While you may think your business would never be the victim of a crime, the harsh reality is that nearly every business can become a victim. In this day and age, criminals (including employees) do not need direct access to cash to steal from you—merchandise, supplies and securities are all fair game. Standard commercial insurance…
Read MoreWorkers’ Comp: The First 24 Hours After an Injury
June 2, 2019
The moment an injury occurs, it initiates a sequence of events that can last for weeks or even months. But no matter how prolonged the recovery period, the first 24 hours after an injury are the most crucial. To respond effectively to an incident, the majority of the action items should occur within 24 hours.…
Read MorePreparing a Business for Disaster
May 5, 2019
Disasters can occur at any time and completely interrupt a business’s progress, potentially causing significant setbacks that threaten the health of the organization. Although disasters are often unpredictable, it is possible for businesses to prepare themselves for disaster scenarios to minimize damage. By following these simple steps, businesses can improve their chances for a quick…
Read MoreFive Strategies for Reducing Workers’ Compensation Costs
April 21, 2019
When a company experiences significant increases in workers’ compensation costs, it usually triggers internal activities aimed at reducing insurance costs and spending. The key to spending fewer dollars is more than just stopping a few accidents; it is having a sound safety program designed to continuously improve. This is where a safety program that, at…
Read MoreImproving Security and Disaster Response
April 15, 2019
On any given day, it’s possible to see warnings from the U.S. Department of Homeland Security regarding potential threats to our safety. Though it may seem like an unlikely risk, it is also a large one, as you can’t predict what impact terrorism could have on your company. In addition, criminal activity and natural disasters…
Read MoreCyber Insurance in the Trucking Industry
March 21, 2019
Motor carriers may not seem like a high-priority for hackers, but the reality is that the transportation industry is one of the most frequent targets for cyber attacks. Customer data, supply chain logistics, data lists and product data can be extremely valuable. Additionally, motor carriers and individual drivers can be put at greater risk because…
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