Blog
November 21, 2024
Working Safely in Cold Weather
Workers exposed to cold conditions are at risk of hypothermia, frostbite, dehydration and muscle injuries. To prevent injuries and illness while working in winter weather, it’s crucial to understand safety considerations related to cold exposure. Signs of Cold-related Injury and Illness If you or a co-worker have any of the following symptoms, get indoors and...
November 19, 2024
The Role of Coinsurance and Sublimits in Cyber Insurance
Cybercriminals increasingly use sophisticated methods to infiltrate businesses’ computer systems and networks, putting sensitive data and personally identifiable information at risk. With cyberthreats evolving in scope and complexity, businesses of all sizes and industries face potentially devastating financial and reputational damages. To manage these risks, leaders should adopt robust cyber defenses and follow cyber hygiene...
November 15, 2024
Inflation Up in October After Six-month Slowdown
The U.S. Bureau of Labor Statistics (BLS) reported that the consumer price index (CPI) rose 2.6% year over year in October, up from 2.4% in September. Although the month’s reading followed six consecutive months of slowing rates, it met economists’ predictions. The inflation increase won’t likely disrupt the Federal Reserve (Fed) as expectations are for...
November 14, 2024
Employer-reported Nonfatal Workplace Injuries and Illnesses Down 8.4%
Private industry employers reported an 8.4% decrease in nonfatal workplace injuries and illnesses in 2023 compared to 2022, according to the most recent data available from the U.S. Bureau of Labor Statistics. There were 2.6 million nonfatal workplace injuries and illnesses reported in 2023. The decrease was driven by a 56.6% drop in illnesses in...
November 5, 2024
5 Strategies to Engage Employees in Open Enrollment
Open enrollment is a critical time for employees. It’s when employees make important decisions about their health care, retirement and other benefits that will affect them for the rest of the year. However, confusion about benefits is a widespread issue among employees of all generations; in fact, a recent survey by Business Solver found that...
October 31, 2024
Implications of the 2024 Election on Employee Benefits and Health Care
Millions of Americans have submitted ballots for the 2024 presidential election, and voting concludes on Tuesday, Nov. 5. With a new presidential administration set to take over the White House in January, health care-related topics are a high-priority issue for many voters. Election results hold the potential to bring significant changes to employee benefits and...
October 29, 2024
Study Finds Extreme Temperatures Increase Workers’ Compensation Claims
The National Council of Compensation Insurance (NCCI) recently published a new study showing the relationship between injury frequency and weather conditions as they relate to workers’ compensation claims. In the study, the NCCI found that employees file 10% more workers’ compensation claims on hot and cold days than on days with moderate temperatures. The data...
October 24, 2024
Preventing the Top 4 Construction Hazards
Construction is one of the most hazardous industries in the United States. Many injuries on construction sites are caused by falls, struck-by incidents, caught-in-between incidents and electrocutions. The following are basic safety tips for avoiding these hazards and remaining injury-free: Preventing Falls Preventing Struck-by Incidents Preventing Caught-in-Between Hazards Preventing Electrocutions For more information, speak to...
October 23, 2024
CMR Selected as Silver Winner for Insurance Journal’s Best Agencies to Work For Award
October 7, 2024 CMR Risk and Insurance Services, Inc. selected as a Silver Winner for Insurance Journal’s Best Agencies to Work For Award. CMR ranked Silver for the West Region, after current employees voted for the agency to be recognized. Each year Insurance Journal surveys the property casualty industry for the Best Independent Insurance Agencies...
October 22, 2024
How to Mitigate Supply Chain Risks
Consumers have come to expect ample choice, instant shipping and ultrafast delivery, making a smooth supply chain critical. However, the fragile nature of supply chains can lead to sudden bottlenecks, delaying production or shipments and impacting an organization’s ability to meet customer demand. These delays can disrupt cash flow and damage customer loyalty as expectations...