January 17, 2024
Mitigating Mental Health-Related EPLI Claims
During the past few years, mental health issues such as anxiety, depression and post-traumatic stress disorder have been driving more Americans with Disabilities Act charges, according to data from the Equal Employment Opportunity Commission (EEOC). In 2022, around 11% of ADA charges were related to anxiety disorders. This is up from 7.6% five years earlier. PTSD-related charges...
January 16, 2024
Fire Prevention Measures for Idle and Vacant Properties
When properties are left idle or vacant, the risk of fire-related incidents increases. Therefore, implementing a comprehensive fire prevention strategy is crucial. This article explores essential fire prevention measures for idle and vacant properties to ensure the safety of the premises and minimize the risk of destructive fires. Fire Prevention Measures Businesses should consider the...
January 12, 2024
Driving Down Health Cost Spend in 2024
As business leaders begin budgeting and strategizing for 2024, many are faced with balancing two items when it comes to benefits: ensuring low costs and prioritizing employees’ requests to offer better health benefits. With benefits slated as the second largest people expense for businesses, next to payroll, and health care costs across the nation estimated...
January 11, 2024
California Will Require Employers to Develop Workplace Violence Prevention Programs
On Sept. 30, 2023, California adopted Senate Bill 553 (SB 553), a bill that requires employers to establish a workplace violence prevention plan (WVPP), document incidents of workplace violence and train employees on how to identify workplace violence hazards by July 1, 2024. Affected Employers SB 553 applies to California employers. State law defines “employer”...
January 9, 2024
A Return to Balance: Brokers Say Reinsurance Renewals Were ‘Stable’
This year’s January reinsurance renewals were described by brokers as “stable,” “predictable,” “orderly,” “calmer,” “disciplined,” with “increased appetites” and a return to supply/demand balance. What a difference in tone from last year’s grueling January renewals. “In a marked change on a year ago, the supply of property catastrophe reinsurance capacity at the January 1 renewal was...
January 8, 2024
Best Practices For Promoting Workplace Wellness In 2024
There’s a long-standing notion that if you love your job, you’ll never have to work a day in your life. While that may hold true for some, the reality is that many workers today struggle to find a healthy relationship between work and their personal lives. While poor well-being may seem like an issue that...
January 4, 2024
Tips for Property Managers to Avoid Rent Payment Fraud
Rent payment fraud can result in significant financial impacts on property rental businesses. With various payment types available, numerous fraud tactics exist, so property managers should ensure they are aware of these schemes while taking measures to mitigate the risk of such fraud occurring. This article provides information about common types of rent payment fraud...
January 3, 2024
Workplace Safety Technology From a Vendor’s Perspective
The evolving workplace and role of the worker are top of mind for workers’ compensation stakeholders. One of the rising industry concerns about the shifting workforce and workplace is the potential impact to the frequency and severity of on-the-job injuries. As part of its ongoing dialogue with workers’ compensation stakeholders around the country, NCCI is often asked...
January 2, 2024
Six Trends Affecting Commercial Property Insurance
Commercial property insurance plays a critical role in protecting the assets of a business. In the event of a loss, this coverage can help businesses replace or rebuild their damaged or destroyed property and restore their operations in a timely manner. As such, it’s crucial for your organization to obtain an sufficient commercial property insurance...
December 29, 2023
Benefits and Risks of Rooftop Solar Panels for Commercial Properties
As solar rooftops become an increasingly common addition to commercial properties, businesses need to be aware of the pros and cons of this technology. While they can provide significant financial, environmental and reputational benefits, they can also present various risks, such as fire and structural hazards. They can also be susceptible to damage from several...