Risk Management

May 11, 2022

Protecting Your Employees And Property During And After A Wildfire

Wildfire season is here, and the aftermath of an unexpected and out-of-control fire can be devastating for anybody, including your business. According to the National Interagency Coordination Center (NICC), 70,600 wildfires burn an average of 7.0 million acres each year. A wildfire can have a direct impact on your company’s property, equipment, and assets, as well...

May 10, 2022

How to Combat Workplace Risks in a Distributed Workforce

Distributed workforces are not a new concept, but with COVID lingering and many employees preferring the flexibility of hybrid work, businesses are quickly realizing that working across multiple locations instead of having everyone work under one roof is becoming the norm. With a greater focus being put on compliance, stress management, and other workforce challenges...

May 6, 2022

Mental Health Awareness Month

Your mental health plays a large role in your overall well-being. In the midst of the coronavirus pandemic, many Americans have reported a decline in their mental health. According to the World Health Organization (WHO), 45% of U.S. adults have reported distress during these times. What is mental health?Your mental well-being includes how you think,...

May 4, 2022

New Hires May Drive Work Comp Claim Frequency

A new report by Travelers says workers with less than a year’s time on the job filed 35 percent of all workers’ compensation claims, a troubling statistic considering that employers are in the midst of an historic hiring spree. Rich Ives, vice president of business insurance for The Travelers Companies, said there hasn’t been an...

May 2, 2022

National Safety Stand-Down to Prevent Falls in Construction Week Promotes Fall Hazard Awareness

According to NIOSH, in the construction industry, falls make up more than 30 percent of fatalities. In 2020, 350 people died from falls. All of these deaths were preventable. National Stand-Down to Prevent Falls in Construction Week is May 2-6. This week focuses on preventing falls in the workplace through education. Employers are encouraged to talk...

April 27, 2022

Best Practices for Hauling Heavy Construction Equipment

Hauling heavy equipment between job sites is a common task in the construction industry. Yet, when this equipment is not properly secured, serious accidents can occur during transportation, potentially resulting in destroyed equipment, damaged vehicles, traffic fines and injuries (or even fatalities) among employees or other motorists on the road. Considering these consequences, it’s critical...

April 26, 2022

Office Risk is Increasing as Workers Continue to Prefer Remote Options

Since the initial wave of the COVID-19 Omicron variant started to subside, people have begun to return to the office in larger numbers than we have seen since the start of the pandemic. But office owners are still trying to define “return.” In our 2022 commercial real estate trends overview, we explored the on-going struggle between...

April 19, 2022

Small Businesses are Underestimating Cyberthreats

Only 8% of businesses with fewer than 50 employees have a dedicated budget for cybersecurity, says a recently released report from Corvus Insurance. Their survey found many of those small businesses lump cybersecurity into their IT or another department’s budget, and 47% have no cybersecurity budget at all. The numbers don’t get much better when you...

April 14, 2022

Importance of Surety Bonds in Construction

Important Role of Surety Bonds Within the Construction Industry Construction companies face significant risks, especially when they perform work on projects spanning several years. Issues like economic downturns, inflationary pressures, material shortages, equipment breakdowns, and others can threaten the ability of contractors to perform under their contracts. When these types of problems are insurmountable, construction...

April 13, 2022

OSHA Launches Program to Protect Workers From Heat Hazards

On April 12, 2022, OSHA launched its National Emphasis Program (NEP) for protecting workers from heat hazards in indoor and outdoor workplaces. Through the program, OSHA will conduct heat-related workplace inspections before workers suffer preventable injuries, illnesses or fatalities. The NEP is effective on April 8, 2022, and will remain in effect for three years...