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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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The Dangers of Falling and Flying Objects
June 24, 2021
Falling and flying objects can create serious hazards within the workplace, and may lead to severe accidents and injuries.Many of these accidents occur when employees are haphazardly performing routine maintenance or not wearing proper personal protective equipment (PPE). Nevertheless, following these safety tips can help make the work environment safer, protecting you and your co-workers…
Read MoreUpcoming Operation Safe Driver Week Will Focus on Speeding
June 20, 2021
Operation Safe Driver Week—an annual campaign conducted by the Commercial Vehicle Safety Alliance (CVSA)—will take place July 11-17. Operation Safe Driver Week is an annual, seven-day initiative created by the CVSA to help detect and prevent unsafe behaviors on the road among commercial drivers. During this weeklong campaign, law enforcement agencies throughout North America participate…
Read MoreSelecting Safe Sunglasses
June 10, 2021
It is important to protect your eyes from sun damage when working outdoors in the hot summer sun. After all, any amount of time in the sun can expose you to a variety of eye complications, such as cataracts and cancer. What’s more, sunlight reflecting off of sand or water can further elevate your exposures…
Read MoreProtecting Construction Workers in Summer Conditions
June 3, 2021
As summertime approaches, it’s important to ensure your employees will be properly protected at the construction site. After all, summer is often the hottest season of the year, typically accompanied by surging temperatures and increased humidity levels. Such weather conditions can greatly increase the risk of your employees experiencing numerous complications on the job—especially heat-related…
Read MoreThe Importance of Communicating With Employees During Workers’ Compensation Claims
May 11, 2021
Employees who face work-related injuries and illnesses commonly have subsequent stress and anxiety. Oftentimes, this stress is made worse should employers stop communicating with the employee while they’re unable to work. It is important for employers to make their employees feel appreciated and to invest in their well-being. This rapport helps employees feel welcomed,…
Read MoreMedical Provider Fraud
May 6, 2021
Although your workers’ compensation policy is intended to help cover the expenses that result from an employee becoming ill or injured on the job, various parties may attempt to abuse this coverage by committing insurance fraud. And while you may think that only employees can participate in such fraud (e.g., falsifying an injury to receive…
Read MoreOSHA’s National Safety Stand-down to Prevent Falls in Construction Runs May 3-7
April 13, 2021
Fatalities caused by falls from elevation continue to be a leading cause of death for construction employees. In fact, according to the Bureau of Labor Statistics, falls account for the 30% of fatalities in the construction industry. To raise awareness about falls and to help prevent them, the Occupational Safety and Health Administration (OSHA) created…
Read MoreOSHA Reveals the Top 10 Most Cited Standards for the 2020 Fiscal Year
April 4, 2021
Using preliminary data, the Occupational Safety and Health Administration (OSHA) recently revealed its top 10 most frequently cited standards in the 2020 fiscal year. This information is valuable for businesses of all kinds, as it helps them identify common exposures that affect their workforce and gives them the information they need to plan their compliance…
Read MoreWork Comp Insights – Premium Audits
April 1, 2021
While workers’ compensation requirements can differ between states, many policies include a routine premium audit process. Different from most other lines of commercial insurance (e.g., property coverage)—in which potential exposures can be identified upfront and premium expenses are final—workers’ compensation premiums paid at the beginning of policy periods are provisional amounts. In other words, these…
Read More2021 OSHA Penalty Amounts
March 30, 2021
OSHA must adjust its civil penalty amounts for inflation each year. As such, the Department of Labor recently released its 2021 inflation-adjusted civil monetary penalties that may be assessed on employers for violations of a wide range of federal laws, including the Occupational Safety and Health Act. OSHA’s increased amounts apply to any civil monetary…
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